Month: June 2020

If a mortgage exists, odds are it includes an acceleration clause. The clause requires a borrower to repay all of an outstanding loan upon a breach of the contract. A clause identifies a particular section of a real estate contract …

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In certain states, a defeasance clause is a required contract provision that ensures that the title for the property is transferred to the buyer once the mortgage is fully paid off. A clause identifies a particular section of a real …

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