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.

Question

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When a purchaser buys a property "subject to" the mortgage, they are not personally assuming the mortgage debt. Instead, they agree to make mortgage payments, but if they fail to do so, the original borrower remains liable to the lender. The buyer does not become personally liable for the mortgage nor a surety for the mortgage obligation.

A Purchaser of a House Who Buys the Property "Subject