CENTURY 21 R O Y A L
(914) 722-0700



697 Central Park Ave.
Scarsdale, NY 10583


Tel: (914) 722-0700
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ABR - Accredited Buyer Representative


CENTURY21® Fine Homes & Estates


CRS - Certified Residential Specialist


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CBR® - Certified Buyer Representative


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Buyer/Seller Info



  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.

 

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