Meaning alienation clause
What does alienation clause mean? Here you find 4 meanings of the word alienation clause. You can also add a definition of alienation clause yourself
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alienation clauseDefinition 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 clauseAlienation clause is a deed provision which sometimes allows or sometimes prohibits further conveyance of the property. Today an alienation clause is common in every loan, which indicates that title c [..]
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alienation clauseA type of acceleration clause that demands payment of the entire debt upon sale or other transfer of the title.
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alienation clauseA type of acceleration clause where a debt becomes due in its entirety upon the transfer of ownership of a secured property.
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