« previous next »

Author Question: The following language appears in a mortgage: In the event the buyer sells, transfers or assigns the ... (Read 98 times)

MirandaLo

  • Hero Member
  • *****
  • Posts: 538
on: Jun 24, 2018
The following language appears in a mortgage: In the event the buyer sells, transfers or assigns the property described herein as security for the abovereferenced underlying note, the full balance of the loan then due and owing, including principal, shall become due. The language is an example of:
 A)An acceleration clause.
 B)A balloon payment clause.
 C)A dueonsale clause.
 D)An Anaconda clause.
 E)None of the above

Question 2

A holdover tenant is:
 A) A tenant at sufferance.
 B) A tenant at will.
 C) Under no obligation to pay rent.
 D) None of the above


Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

MirandaLo

  • Hero Member
  • *****
  • Posts: 538
Reply #2 on: Jun 24, 2018
Thank you


Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jun 24, 2018
No problemo


« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

A seashell vendor in Tanzania sells to tourists seashells which have been taken from the sea alive, A seashell vendor in Tanzania sells to tourists seashells which have been taken from the sea alive,
The dance language of bees The dance language of bees
Language Language
Vocabulary Development in English Monolinguals (EL1) and English Language Learners (ELL) Vocabulary Development in English Monolinguals (EL1) and English Language Learners (ELL)
Notice how clean the engine appears. This is a testament of proper maintenance and regular ... Notice how clean the engine appears. This is a testament of proper maintenance and regular ...
Sign Language Sign Language
Video: New DNA Strand Replication

For a complete list of videos, visit our video library