What is an acceleration clause? What is a prepayment privilege? Which would you prefer to insert into
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What is an “acceleration clause”? What is a “prepayment privilege”? Which would you prefer to insert into a mortgage agreement if you were a mortgagor? What if you were a mortgagee?
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Under a mortgage the borrower must repay the debt according to the parties agreement That will gener...View the full answer
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Related Book For
Managing the Law The Legal Aspects of Doing Business
ISBN: 978-0133847154
5th edition
Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer
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