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    Business Law and the Regulation of Business Study Set 2
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    Exam 37: Secured Transactions and Suretyship
  5. Question
    A Purchaser of a House Who Buys the Property "Subject
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A Purchaser of a House Who Buys the Property "Subject

Question 56

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.

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