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Current as of January 01, 2025 | Updated by Findlaw Staff
Whenever any real property encumbered by mortgage or lien is conveyed subject to the mortgage or lien and there is a provision in the conveyance that the grantee shall assume and pay the encumbrance, the holder of the mortgage or lien may, upon the nonpayment of the encumbrance, maintain an action in his own name upon the grantee's promise, without obtaining an assignment thereof from the grantor of the property.
Cite this article: FindLaw.com - Connecticut General Statutes Title 52. Civil Actions § 52-75. Action by holder of mortgage or lien where grantee assumed the debt - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-52-civil-actions/ct-gen-st-sect-52-75/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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