Finance
In South Dakota, which type of mortgage clause allows the lender to accelerate (call due) the entire loan balance upon sale of the property?
ADefeasance clause
BDue-on-sale (alienation) clause✓ Correct
CSatisfaction clause
DSubordination clause
Explanation
A due-on-sale (alienation) clause requires the full loan balance to be paid when the property is sold or transferred, preventing buyers from assuming the seller's mortgage without lender approval.
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