Real Estate Glossary

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Definitions of Acceleration Clause

  • A clause in your mortgage that allows the lender to demand full payment. The most common reasons a lender would accelerate the loan is if the borrower does not pay the payments as agreed - sale of the property - or transfer of the title of the property to someone not approved by the lender. This definition of Acceleration Clause contributed by Wayne Long.

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Related Terms

Loan
Mortgage
Title