leilalony7506 leilalony7506
  • 09-08-2019
  • Business
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What clause in a mortgage is activated when the entire mortgage has been paid in full? Acceleration Defeasance Habendum Redemption

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esarango28
esarango28 esarango28
  • 15-08-2019

Answer:

The correct answer is Defeasance

Explanation:

A defeasance condition is a mortgage provision indicating that the borrower will be presented the title to the property once all the payment mortgage are reached.

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