Finance
A 'due-on-sale' clause in a Missouri deed of trust requires:
AThe buyer to pay extra fees at closing
BThe full loan balance to be repaid upon sale or transfer of the property✓ Correct
CThe seller to pay the buyer's closing costs
DMREC approval before selling
Explanation
A due-on-sale (alienation) clause requires the full loan balance to be repaid when the property is sold or transferred. It prevents a buyer from assuming the existing loan without lender approval.
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