Subject To Deal Question

[Account Closed]

I don't have any experience with this type of transaction.  I have a potential deal where the seller wants me to take over his mortgage.  He has two properties on the same mortgage.  My question is would you have a typical closing for a subject to deal?    I'm going to have him sign a release of information form so I can find out the payoff etc. from the lender.  Any other things I should be considering with this type of transaction?