Escrow & Title
A Wyoming buyer who takes title 'subject to' an existing mortgage:
AAssumes personal liability for the existing mortgage
BTakes the property with the mortgage remaining but without personal liability for the debt✓ Correct
CMust qualify for the existing mortgage with the lender
DIs protected from foreclosure if payments are made
Explanation
Taking title 'subject to' an existing mortgage means the buyer takes ownership but does not assume personal liability for the debt. If the buyer stops making payments and the lender forecloses, the buyer loses the property but cannot be sued personally for any deficiency.
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