Definitions of Due-On-Sale Clause
- A provision in most mortgage contracts that requires the mortgage be repaid in full upon a sale or conveyance of interest in the property that secures the mortgage. This definition of Due-On-Sale Clause contributed by James Boyer.
© Copyright 2004-2007, Real Estate Webmasters - Professional Real Estate Web Design Feeds / Sitemaps: - Forum RSS, Blogs Sitemap