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Choose the One Most Appropriate Answer for Each

Question 63

Multiple Choice

Choose the one most appropriate answer for each.
-a clause in a mortgage that allows a lender to call the loan due if the property changes ownership;also known as a due-on-sale clause


A) acceleration clause
B) alienation clause
C) assumption
D) chattel mortgage
E) deed of trust
F) defeasance clause
G) deficiency judgment
H) equitable mortgage
I) equity of redemption
J) first mortgage
K) foreclosure
L) junior mortgage
M) mortgage
N) mortgagor
O) partial release
P) power of sale
Q) promissory note
R) public auction
S) subject to
T) subordination

Correct Answer:

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