According to a certain contract, the buyer will be taking the property subject to the existing loan. "Subject to" most nearly means:
A: Both buyer and seller will be liable on the loan;
B: The seller has no liability for the loan;
C: Only the buyer will be liable for the loan;
D: The buyer will not be personally liable for the loan.
Answer: D: The buyer will not be personally liable for the loan.
Business
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