What Is a Habendum Clause? A habendum clause defines the extent of ownership or interest that the grantee or lessee will have in the property, clarifying the rights being transferred and the duration ...
When engaging in a real estate transaction, it's important to understand the details of your mortgage agreement - especially clauses that dictate how ownership can be transferred. One such provision ...
A sunset clause sets an automatic expiry date on a relationship unless two people decide to commit to each other ...
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What Is an Acceleration Clause in a Mortgage?
An acceleration clause allows a mortgage lender to demand full repayment of the loan if certain conditions are not met. This clause protects against missed payments, violations of loan terms, or ...
Discover how the warehouse-to-warehouse clause protects cargo in transit between warehouses. Learn its key features, examples, and historical context.
An alienation clause, also known as a due-on-sale clause, is a standard provision in most mortgage agreements. It requires the borrower to repay the full loan balance if the property is sold or ...
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