Finance
Under Ohio law, a buyer who 'takes title subject to' an existing mortgage:
AAssumes personal liability for the mortgage
BTakes title knowing the mortgage exists but accepts no personal liability for the debt✓ Correct
CAutomatically inherits the same interest rate as the original borrower
DMust notify the lender within 30 days
Explanation
Taking title 'subject to' a mortgage means the buyer acknowledges the existing lien but does not personally assume liability. If there is a default, the original borrower remains personally liable.
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