Prime Marketing Group, LLC
Prime Marketing Group, LLC
(800) 844-9639 ext. 7882
Broker: Ike Duren
BK302577
Auctioneer: Fritz Fedele
AU2871.AB2650.BK302577
Florida Auctioneer Academy @
F-A-A.com
Fritz@F-A-A.com
Real Estate's Best Kept Secret
The Leader in Accelerated Real Estate Marketing

Real Estate Glossary

  Assumption Clause

A provision in an assumable mortgage that allows a buyer to assume responsibility for the mortgage from the seller. The loan does not need to be paid in full by the original borrower upon sale or transfer of the property.

 

[ Back To Real Estate Glossary ]