A glossary of real estate and mortgage terms for home buyers and sellers
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| Term | Definition |
|---|---|
| Alienation clause |
A clause closely associated in meaning with Due-On-Sale Clause and Acceleration Clause. An alienation clause in a mortgage can give the lender the option to call the loan (declare the entire balance due) when the proper ty owner transfers ownership, title or interest without the lender' s consent. |
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