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What Is a Defeasance Clause in Real Estate?
Business

What Is a Defeasance Clause in Real Estate?

A defeasance clause in real estate is a provision in loan agreements that defines how a borrower can satisfy the lender’s requirements in order to

What Is Due on Sale Clause in a Real Estate?
Business

What Is Due on Sale Clause in a Real Estate?

A due on sale clause is a provision in a mortgage contract that requires the borrower to repay the remaining loan balance in full if