mknc1522 mknc1522
  • 22-07-2018
  • Social Studies
contestada

Which clause protects a lender if he does not want the loan to be assumed by another party?

Respuesta :

ahmedishaal ahmedishaal
  • 31-07-2018

The answer is "Due on sale (alienation)".

Due on sale (alienation) clause protects a lender if he does not want the loan to be assumed by another party.

A due-on-sale clause is same as alienation, it is a clause in a loan which refers to stipulates that the full adjust of the advance might be called due (reimbursed in full) upon deal or exchange of responsibility for property used to anchor the note. The loan specialist has the right, however not the commitment, to call the note due in such a situation.

Answer Link

Otras preguntas

At a treatment planning conference, a psychologist is describing a new client who has been diagnosed with a personality disorder. The psychologist is emphasizin
I need help with this problem
How was mansa musa religious faith different from that of Sundiata
1. ____ una buena campaña política, no ganaremos las elecciones. Sin Hasta En 2. Hubo un escándalo de corrupción ____ el gobierno anterior. hasta en entre 3. Te
In which quadrant is the abscissa positive and the ordinate negative? A) I B) II C) III D) IV
Lloyd is considering getting a credit card and using it instead of cash. Which of these is a good reason for him to do so? A. Lloyd won't be able to buy anythi
What type of economy does the government own or control
3/5x + 5 = 4/5solve for x​
is 16/25 bigger than 65​
How to set up the boxes of this biology homework