During Broker Shaw's preparation of the Exclusive Authorization and Right to Sell on Seller Norman's property, Norman asked that a clause be included which would require the buyer to accept primary liability in connection with the existing first trust deed loan on the property. To best protect Seller Norman regarding his liability if the existing loan is transferred to the buyer, Shaw should enter which of the following in Paragraph 2 of the Exclusive Authorization and Right to Sell form:
A: Buyer to take the property "subject to" the loan;
B: Buyer to "assume" existing loan;
C: Buyer to pay all cash;
D: Buyer to make a large down payment to preclude possibility of a foreclosure.
Answer: B: Buyer to "assume" existing loan;
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