due-on-transfer clause

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• due-on-sale clause — A provision in a mortgage or deed of trust that allows the lender to demand immediate payment of the balance of the mortgage upon sale or transfer of ownership of the property used to secure the mortgage. (See: acceleration clause) Category:… …   Law dictionary

• Due-on-sale clause — A due on sale clause is a clause in a loan or promissory note that stipulates that the full balance may be called due upon sale or transfer of ownership of the property used to secure the note. The lender has the right, but not the obligation, to …   Wikipedia

• Transfer (football) — In association football, a transfer is the action taken whenever a player moves between clubs. It refers to the transferring of a players registration from one club to another. In general the players can only be transferred during a transfer… …   Wikipedia

• Dormant Commerce Clause — The Dormant Commerce Clause, also known as the Negative Commerce Clause, is a legal doctrine that courts in the United States have inferred from the Commerce Clause in Article I of the United States Constitution. The Commerce Clause expressly… …   Wikipedia

• Necessary and Proper Clause — United States of America This article is part of the series: United States Constitution Original text of the Constitution Preamble Articles of the Constitution I · …   Wikipedia

• Free transfer (football) — In football, a free transfer involves a team releasing a player once the player s contract has expired or made available just before the end of the contract. The team does not have to pay any compensation for their release due to having nothing… …   Wikipedia

• Foreclosure — For Lacan s psychoanalytic process, see Foreclosure (psychoanalysis). House in Salinas, California under foreclosure, following the popping of the U.S. real estate bubble. Foreclosure is the legal process by which a mortgage lender (mortgagee),… …   Wikipedia

• SHETAR — (Heb. שְׁטָר), formal legal document, or deed, derived from the Akkadian šatāru, meaning writing. Early Examples The term shetar is not found in the Bible, where the term sefer is used to denote a legal document, such as sefer keritut in… …   Encyclopedia of Judaism

• Creative real estate investing — is a term used to describe non traditional methods of buying and selling real estate. Typically, a buyer will secure financing from a lending institution and pay for the full amount of the purchase price with a combination of the borrowed funds… …   Wikipedia

• Michael Brown (footballer born 1977) — For other people named Michael Brown, see Michael Brown (disambiguation). Michael Brown Brown training with Leeds United Personal information …   Wikipedia

• mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary