implied assumption

The imposition of personal liability on a land purchaser who buys subject to a mortgage and who deducts the mortgage amount from the purchase price, so that the purchaser is treated as having assumed the debt. [Cases: Mortgages 279. C.J.S. Mortgages § 395.]
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译者Lorna,毕业于国内一流的法学院,擅长翻译各种与商业秘密相关的法律文件。
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