The Real Estate Encyclopedia
Assumption Clause
Category - Real Estate Glossary - Real Estate Terminology

A provision that allows a buyer to take over an existing loan obligation and agrees to be fully liable for its repayment.

 

 
Category(s)
Real Estate Glossary - Real Estate Terminology
[edit]
Home   |   About Us   |   Contact Us   |   Patrons   |   FAQ's   |   Site Map
© 2008 - All Rights Reserved.
Thank you for visiting Real Estate Wiki - the leading dictionary, directory, encyclopedia and glossary for the real estate and mortgage industries .