An alienation clause, commonly referred to as a due-on-sale clause, is a clause in your mortgage contract that requires you to pay the remaining mortgage balance at the sale or transfer of the home.
An alienation clause is common in mortgages, giving a mortgage lender the right to request full and immediate loan repayment when the home is sold or transferred. The Garn-St. Germain Act of 1982 ...
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 ...
Wed, April 24, 2024 at 6:04 PM UTC An alienation clause is common in most mortgage contracts. But what is alienation in real estate? This is a provision that requires a home seller to repay their ...
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 ...
Assignment, underletting and sharing possession are important rights for commercial tenants. Flexibility is key…the tenant’s needs may change over time. What if the tenant wants to expand and needs to ...
The right of tenants to 'virtually assign' leases has been strengthened by a recent case, but the change should also be welcomed by landlords, says Julian Sidoli del Ceno Alienation clauses are ...
There are a lot of different terms, words and jargon included within the numerous clauses within your commercial property lease. This is why it is highly recommended that you speak to our professional ...
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