Property sold subject to a debt means that the purchaser does not have personal liability to pay the debt.

Name: Property sold subject to a debt means that the purchaser does not have personal liability to pay the debt.
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Question

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When a property is sold "subject to" a debt, the buyer takes over the property with the existing debt, but the original borrower remains personally liable for the debt. The buyer is not personally liable for the debt.

Property Sold Subject to a Debt Means That the Purchaser