Assertion: mortgagee | /r/CapableOf | sue new owner
Facets:
value: directly
type: MANNER
value: for breach of the obligation
type: PURPOSE
value: for a deficiency on the loan
type: PURPOSE
Source sentences:
text: If there’s a default on the loan, the mortgagee can foreclose but can’t sue the new owner for a deficiency on the loan itself.
text: In that case, the mortgagee is a third-party beneficiary of the buyer’s promise to the mortgagor and can directly sue the new owner for breach of the obligation to pay the debt.