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Từ vựng:

assumption clause

Giải nghĩa:

/əˈsʌmpʃən klɔz/ – Phrase


Definition: Điều khoản giả định.

A more thorough explanation: a provision in a mortgage (=security interest in real property) permitting the seller of a property to transfer responsibility for the existing mortgage to the buyer of the property

Example: The defendants pleaded that the assumption clause in question was inserted in the mortgage by mistake.

 

 
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