Escrow & Title
A Wisconsin buyer who purchases a property 'subject to' existing liens takes the property:
AFree and clear of all liens
BWith knowledge of existing liens; the property is still encumbered but the buyer has not personally assumed the debt✓ Correct
CWith personal liability for all encumbrances
DOnly after all liens are discharged at closing
Explanation
Purchasing 'subject to' existing liens means the buyer takes title knowing the liens exist but does not personally assume the debt; the original borrower remains personally liable.
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