5 TermsHome > Terms > English, UK (UE) > Due-on-sale clause
Due-on-sale clause
A provision of a loan contract that stipulates that if the property is sold the loan balance must be repaid. This bars the seller from transferring responsibility for an existing loan to the buyer when the interest rate on the old loan is below the current market.
This is auto-generated content. You can help to improve it.
0
0
Improve it
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Entertainment Category: Movies
Inside Job
Critically acclaimed film exposing the corruption in US banking that led to the 2008 crash, as well as why so little has been done to reform the ...
Contributor
Featured blossaries
dnatalia
0
Terms
60
Blossaries
2
Followers
Hogwarts School of Witchcraft and Wizardry
Category: Entertainment 2 5 Terms
5 Terms
Browers Terms By Category
- Gardening(1753)
- Outdoor decorations(23)
- Patio & lawn(6)
- Gardening devices(6)
- BBQ(1)
- Gardening supplies(1)
Garden(1790) Terms
- Organic chemistry(2762)
- Toxicology(1415)
- General chemistry(1367)
- Inorganic chemistry(1014)
- Atmospheric chemistry(558)
- Analytical chemistry(530)
Chemistry(8305) Terms
- Dating(35)
- Romantic love(13)
- Platonic love(2)
- Family love(1)
Love(51) Terms
- Chocolate(453)
- Hard candy(22)
- Gum(14)
- Gummies(9)
- Lollies(8)
- Caramels(6)