Due-on-sale clause

Due-on-sale clause

A clause that requires a full payment of a mortgage or deed of trust when the secured property changes ownership.

This is auto-generated content. You can help to improve it.

0 0

Improve it

Add an image

Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Real estate
Category: General
Company: Coldwell Banker
Product:
Acronym-Abbreviation:

Collect to Blossary

Other Languages:

Related terms

due-on-sale clause

Financial services; General Finance

A mortgage contract clause stipulating that the borrower to pay off the full remaining principal on a mortgage if the mortgaged property is sold before the mortgage is paid off.

due-on-sale clause

Real estate; General

A provision in a mortgage or deed of trust that allows the lender to demand immediate payment of the balance of the mortgage if the mortgage holder sells the home.

due-on-sale clause

Real estate; General

A clause that requires a full payment of a mortgage or deed of trust when the secured property changes ownership.

due-on-sale clause

Banking; Mortgage

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 ...

clause

Language; Grammar

Group of words containing a subject and its verb.

clause

Printing & publishing; Publishing

Any group of words containing a subject and predicate. An independent syntactic construction may constitute a whole simple sentence. A dependent clause marked by a subordinate ...

lymph hearts

Biology; General

Contractile enlargements of vessels that pump lymph back into the veins; found in fish, amphibians, and reptiles.

lungs

Biology; General

Sac-like structures of varying complexity where blood and air exchange oxygen and carbon dioxide; connected to the outside by a series of tubes and a small opening. In humans, the ...

lymphocytes

Biology; General

White blood cells that arise in the bone marrow and mediate the immune response; include T cells and B cells.

lysosomes

Biology; General

Membrane-enclosed organelles containing digestive enzymes. The lysosomes fuse with food vacuoles and enzymes contained within the lysosome chemically breakdown and/or digest the ...

luteal phase

Biology; General

The second half of the ovarian cycle when the corpus luteum is formed; occurs after ovulation.

labia majora

Biology; General

The outer folds of skin that cover and protect the genital region in women.

Terms in the News

Featured Terms

Harry8L

0
Terms
0
Blossaries
1
Followers

Industry/Domain: Internet Category: Social media

Timeline

Timeline is a Facebook profile feature that displays a user's entire history of photos, links, personal milestones and other things shared on Facebook ...