When a homeowner sells a property with a mortgage, in most cases, they will need to pay off the mortgage at closing. A due-on-sale clause specifies that the remaining balance of a mortgage must be ...

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 release their lien on the property. This clause can ...

Non-compete clauses limit employees from joining competitors to protect business interests. The FTC proposed banning non-competes, potentially increasing wages by $300 billion. Four states have banned ...

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 ...

We all know paying your mortgage on time is important. But you might not know how big of a deal it could be to miss a single payment. Most mortgage loans include an acceleration clause, which could ...

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 ...

The mortgagee clause is a provision in a homeowners insurance policy that protects the lender from financial loss if the mortgaged property is substantially damaged or destroyed. Many mortgage lenders ...

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 ...

Transfers have almost become a sport of their own within modern football. With every transfer window comes the winners and the losers, the coups and the flops. The fanfare and the money spent is ...