Finance
A 'due-on-sale' clause in a Nebraska mortgage requires:
AThe seller to pay off all liens before the closing date
BThe full loan balance to be paid when the property is sold or transferred✓ Correct
CThe buyer to assume the existing loan without qualification
DMonthly payments to increase annually
Explanation
A due-on-sale (acceleration) clause requires the entire mortgage balance to become due and payable when the property is sold or transferred to a new owner, preventing loan assumptions without lender approval.
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