Finance
What is a 'due-on-sale' clause?
AA clause requiring the buyer to pay commission at closing
BA clause requiring the full loan balance to be paid if the property is sold or transferred✓ Correct
CA clause allowing the seller to keep the deposit if the buyer defaults
DA clause requiring the property to be listed on MLS
Explanation
A due-on-sale (alienation) clause requires the full loan balance to be paid when the property is sold or transferred. It prevents loan assumption without lender approval.
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