Escrow & Title
When a Washington property is sold subject to an existing mortgage, the buyer:
AAssumes personal liability for the mortgage
BTakes the property subject to the lien but does not personally assume the debt✓ Correct
CObtains a new loan and pays off the existing mortgage
DReceives a deed of trust from the existing lender
Explanation
When a buyer purchases 'subject to' an existing mortgage, they take title subject to the lien but do not personally assume responsibility for the debt. The seller remains personally liable to the lender.
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