alienation clause Definition

alienation clause

Definition

A type of acceleration clause requiring full payment of the balance of a mortgage upon the transfer of title of the mortgaged property.

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alienation clause is ...
... part of the Lending & Credit and Real Estate subjects.

Related Terms

alienation -

alienation clause appears in the definitions of these other terms on BusinessDictionary.com

alienation, alienation of assets, alienation of property, assumable mortgage