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Index FAQs From the list below choose one of our FAQs topics, then select an FAQ to read. If you have a question which is not in this section, please contact us. Real Estate Glossary

ACCELERATION CLAUSE

A clause in a promissory note, agreement of sale, or mortgage which gives the lender the right to call all sums due and payable in advance of the fixed payment date upon the occurrence of a specified event, such as a sale, default, assignment or further encumbrance of the property.

 

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