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Real Estate Practice : Lesson 1091
                                                              #1091
An assumption fee is a fee that a lender will charge a borrower for assuming that his or or loan will be approved.
Is this fact true or false ?
Please take your time with this extremely difficult answer, and  consult with an expert if you think you might have any problems solving this one.
As usual, the solution is posted below the wildlife photo if you just can't stand it anymore and just have to peek.

A. False
An assumption fee is a fee that lender will charge when a buyer assumes the seller's loan.
The fee is normally paid by the buyer.
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