Tag: Assumption

  • Assumption Clause

    Assumption Clause

    Concept of Assumption Clause in the context of Real Property A short definition of Assumption Clause: The part (clause) of an assumable mortgage making it assumable. See: Assumable mortgage.

  • Assumption Clause

    Assumption Clause

    Concept of Assumption Clause in the context of Real Property A short definition of Assumption Clause: The part (clause) of an assumable mortgage making it assumable. See: Assumable mortgage.

  • Assumption Of The Risk

    See alsoAn affirmative defense that claims a plaintiff had knowledge of a condition… (Read more)…

  • Assumption Of The Risk

    See alsoAn affirmative defense that claims a plaintiff had knowledge of a condition… (Read more)…

  • Primary Assumption Of The Risk

    Primary Assumption Of The Risk

    Meaning of Primary Assumption of the Risk Resources See Also Negligence

  • Trust Deed

    A form of mortgage in use in Missouri and some other states, and in the District of Columbia. A deed is made in trust with a power of sale, and the power is exercised for the mortgagee’s benefit. Similar deeds are frequently made by railroad companies or other corporations to secure […]

  • Assumption Fee

    Assumption Fee

    Concept of Assumption Fee in the context of Real Property A short definition of Assumption Fee: Lender’s charge for paperwork involved in processing records for a new buyer assuming an existing loan.

  • Assumption Fee

    Assumption Fee

    Concept of Assumption Fee in the context of Real Property A short definition of Assumption Fee: Lender’s charge for paperwork involved in processing records for a new buyer assuming an existing loan.