HomeTermsCompareFinance "Subject To" ClauseThe definition for "Subject To" Clause:A clause in a deed, stating that the grantee takes title "subject to" an existing mortgage. The original mortgagor is alone responsible for any deficiency, should there be foreclosure of the mortgage. Differs from an "assumption" clause, whereby the grantee "assumes" and agrees to pay the existing mortgage. Click to compare definitions of "Subject To" Clause Click to view definitions beginning qu |