Question: What clause is sometimes inserted in a mortgage note in which the lender waives the right to a deficiency judgment? An exculpatory clause A reversal
What clause is sometimes inserted in a mortgage note in which the lender waives the right to a deficiency judgment?
An exculpatory clause
A reversal clause
An impound clause
A disintermediation clause
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
