SignatureGlobalProperty is a blog, which drives by professionals, that blog shares the best-detailed knowledge about Signature global properties. And our aim has to give depth knowledge of signature global property, and this enables us to provide end to end solutions to our clients.

Thursday, November 21, 2019

What is the mean by Due on sale in real estate?

If you are searching for the meaning of Due on sale in real estate and also a definition of Due on sale,  then this blog post is helpful for you.

Definition

A clause in a mortgage agreement providing that, if the mortgagor (the borrower) sells, transfers, or, in some instances, encumbers the property, the mortgagee (the lender) has the right to demand the outstanding balance in full.

Share on Facebook
Share on Twitter
Share on Google+
Tags :

Related : What is the mean by Due on sale in real estate?

0 comments:

Post a Comment