A due-on-sale clause is a standard part of most conventional mortgage agreements. It gives the lender the right to demand full repayment of the loan when the property is sold or transferred to a new ...

Discover how hourly clauses in reinsurance limit coverage by timeframe, benefit reinsurers, and see real-world examples of their application in catastrophe insurance.

The habendum clause defines rights and terms in property transfer contracts, crucial in real estate and oil leases. Discover ...

When a homeowner sells a property with a mortgage, in most cases, they will need to pay off the mortgage at closing. A due-on-sale clause specifies that the remaining balance of a mortgage must be ...

When a dispute of any kind is resolved, a "non-disparagement" clause is often included in the settlement agreement to prevent parties from adversely commenting publicly about each other in the future.