英语词汇“due-on-sale clause”的翻译、意思、用法、释义-英汉经管词典

单词	due-on-sale clause
释义	due-on-sale clause Definition Provision in most conventional mortgage agreements that prevents a subsequent buyer of a property from assuming the mortgage at the original interest rate. Under this clause, the full balance on mortgage must be paid when the property is sold and the new owner must negotiate a new loan at new (usually higher) interest rates.
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