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A Purchaser of a House Who Buys the Property "Subject

question 56

True/False

A purchaser of a house who buys the property "subject to" the mortgage is not personally liable for the mortgage, nor is he a surety for the mortgage obligation.


Definitions:

Long-Term Memory

A type of memory responsible for the storage of information over an extended period, from minutes to lifetimes.

Emotional Memory

The aspect of memory that involves the recollection of emotional experiences or the feelings associated with past events.

Long-Term Memory

A cognitive system responsible for the storage and retrieval of information over an extended period.

Sensory Memory

A memory store thought to hold on to incoming sensory information for very brief periods. A different sensory memory store is hypothesized for each sensory system.

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