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 ...
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 ...
An alienation clause, commonly referred to as a due-on-sale clause, is a clause in your mortgage contract that requires you to pay the remaining mortgage balance at the sale or transfer of the home.
What Is an Alienation Clause? The term alienation clause alludes to a provision commonly found in numerous financial or insurance contracts, particularly in mortgage arrangements and property ...
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