A Buyer of Real Estate Subject to a Mortgage Who

question 51

Multiple Choice

A buyer of real estate subject to a mortgage who does not undertake any personal liability for payment of the mortgage debt:

• A) takes the property "subject to" the mortgage.
• B) "assumes" the mortgage.
• C) can only obtain a quitclaim deed.
• D) can only obtain a leasehold.

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Definitions:

Validation

The acknowledgment and acceptance of an individual's thoughts, feelings, sensations, and behaviors as understandable. Within psychology, it's a crucial component of building a strong, empathetic relationship.

Invalidation Strategies

Tactics employed to make someone feel their thoughts, feelings, or experiences are wrong or irrelevant.

Accepting

The act of receiving or consenting to something or someone, often referring to the unconditional acceptance of an individual's thoughts and feelings in therapeutic contexts.

Changing

The process of making or becoming different, often in context to personal development, habits, or life circumstances.