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The phrase "tax burden" is a good example of the use of
Title Insurance Policies
Contracts that protect buyers and lenders from losses due to defects in a property's title.
Mortgagees
Lenders or financial institutions that provide funds for a mortgage loan, holding the property as collateral until the loan is repaid.
Tenants
Individuals or entities that hold a leasehold interest in a property, granting them the right to occupy and use the property according to the terms of their lease agreement.
Assumes a Mortgage
The act of taking on the obligation to pay an existing mortgage, typically as part of a property purchase.
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