"Subject To" Clause


 

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"Subject To" Clause

A clause in a deed, stating that the grantee takes title "subject to" an existing mortgage. The original mortgagor is alone responsible for any deficiency, should there be foreclosure of the mortgage. Differs from an "assumption" clause, whereby the grantee "assumes" and agrees to pay the existing mortgage.



"Subject To" Clause

Similar Matches

Subject market

Subject market

Quote in which prices are subject to confirmation. See: Fast market.


Subject line

Subject line

The title of an email communication which is visible to the recipient even before opening and viewing the message and which identifies the subject of the email.


Subjective probabilities

Subjective probabilities

Probabilities that are determined subjectively (for example, on the basis of judgment rather than statistical sampling).


Subject

Subject

Refers to a bid or offer that cannot be executed without confirmation from the customer. In other words, not firm, but a bi../../finance-glossary/offer that needs additional information/confirmation before becoming firm and is therefore still negotiable.


" Treat me subject "

" Treat me subject "

In the equities market, a conditional bid or offer. "My bid or offer is not firm, but is subject to confirmation between other parties and to market changes."


Further Suggestions

Subject to a print or execution or trading


 
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