Tag Archives: Due-On-Sale Clause

  1. The Due-On-Sale Clause: What It Is And When To Ignore It

    A Due-On-Sale Clause can be found in most contemporary mortgage instruments and, as the name suggests, states that the mortgage debt will become due upon sale of the property.  From a lender’s perspective the logic is fairly straightforward – security for the loan is put at risk when the collateral property is owned by a…

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