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Updated over 8 years ago on . Most recent reply
Is now Subject to-illegal?
since subject to deals are available through a clause in the hud 1 form. And the hud 1 form is obsolete since 2015. It is legal still buying subject to the existing loan?
Most Popular Reply

Yes. A HUD-1 or settlement statement is not required to transfer title on a property, it only helps you have a nice printout of who pays for what. The only thing you need to transfer ownership is a deed.