Kathleen Nagle, Realtor
Kinlin Grover Real Estate

(508) 333-3990 or (508) 349-9800 |

 
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Real Estate Glossary



  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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KATHLEEN NAGLE realtor ORLEANS realtor CAPE COD realtor EASTHAM realtor CAPE COD realtor WELLFLEET realtor CAPE COD realtor TRURO realtor CAPE COD realtor PROVINCETOWN realtor CAPE COD I am licensed in the state of MA


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