Finance
In Ohio, which type of mortgage clause requires the entire loan balance to become due upon sale of the property?
AAcceleration clause
BDue-on-sale (alienation) clause✓ Correct
CDefeasance clause
DPrepayment clause
Explanation
The due-on-sale or alienation clause requires the borrower to pay off the entire mortgage balance upon the transfer of ownership, preventing loan assumption without lender approval.
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