Due-on-sale clause

A Provision in a Mortgage enabling the Lender to Demand full repayment if the borrower sells the mortgaged Property.

Related Terms: 10 Borrow, Demand, Full, Lend, Lender, Mortgage, Owe, Property, Provision, Sell

Other Related Pages: Category: Real_Estate Starting With: D

Additional Related Terms: All or any part, Aggregate demand, Aggregate demand curve, Add-on service, Action to quiet title, As is, Assignment to creditors, Attorney in fact, Adjustable Rate Mortgage, Assignment of mortgage