Finance
A 'due-on-sale clause' (alienation clause) in a Georgia mortgage or Security Deed:
AA. Allows the buyer to assume the loan automatically
BB. Requires the full loan balance to be paid when the property is sold or transferred✓ Correct
CC. Sets a due date for all payments
DD. Requires additional payments when the property value increases
Explanation
A due-on-sale clause accelerates the mortgage debt — making the full balance due immediately — when the property is sold or transferred without the lender's consent. This prevents automatic loan assumptions and protects lenders from below-market interest rates.
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