Finance
The right of a lender to demand immediate full repayment of a mortgage when property is transferred to a new owner is called a(n):
APrepayment penalty
BDue-on-sale (alienation) clause✓ Correct
CSubordination clause
DDefeasance clause
Explanation
A due-on-sale clause (also called an alienation clause) requires that the full remaining mortgage balance become due and payable when the property is sold or transferred.
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