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 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.
(1949 Rev., S. 7796; P.A. 82-160, S. 27.)
History: P.A. 82-160 replaced “estate” with “property” and rephrased the section.
Undertaking of grantee held to be an absolute contract to pay the mortgage debt. 42 C. 253; 48 C. 239. Prior to statute, mortgagee could not sue grantee who assumed the mortgage debt. 49 C. 191. Relationship and rights of parties. 51 C. 39. Failure of husband married before 1877 to join in mortgage no defense to action on assumption. 72 C. 714. Cited. 73 C. 398. Extends to all subsequent grantees of mortgage. 75 C. 70. But merely taking of equity subject to mortgage does not constitute assumption of debt, and even assumption of debt is open to explanation. 76 C. 584; 87 C. 567; 88 C. 197; 89 C. 66. Right of purchaser of land who pays mortgage to have it assigned to him. 95 C. 585. Mortgage holder may make liable one who assumed, even though in chain of title some previous owner of the equity did not assume. 110 C. 86. Cited. 111 C. 277; 114 C. 201; 124 C. 338; 190 C. 756.
Cited. 5 CS 206.
Structure Connecticut General Statutes
Chapter 897 - Parties and Appearances
Section 52-73. - Municipal corporations may sue and be sued.
Section 52-73a. (Formerly Sec. 52-116). - Action on bond to municipal officer.
Section 52-74. - Action on foreign probate bond.
Section 52-75. - Action by holder of mortgage or lien where grantee assumed the debt.
Section 52-76. - Actions by and against voluntary associations.
Section 52-77. - Action by joint tenant or tenant in common; effect of nonjoinder.
Section 52-78. - Joinder of executor or administrator for a deceased joint contractor.
Section 52-79. - Joinder of husband and wife; costs.
Section 52-80. - Nonsuits and withdrawals; costs.
Section 52-81. - Costs taxable on withdrawal.
Section 52-82. - Withdrawal when court not in session or before return day.
Section 52-83. - Nonresident plaintiff's appearance by attorney sufficient.
Section 52-84. - When judgment by default may be rendered.
Section 52-85. - When garnishee may move to assign case for trial.
Section 52-86. - When creditor may appear and defend. Costs. Prohibited defenses.
Section 52-87. - Continuance on account of absent or nonresident defendant. Exceptions.
Section 52-88. - Defense by garnishee. Continuance, postponement or adjournment of action.