The clause that grants the lender the authority to terminate the loan in the event of property title transfer is referred to as a(n)

Practise this Real Estate question free, then download the PDF, watch the video walkthrough, or unlock timed mock exams for the full web bank.

Download PDF Practice test

Multiple choice — select the best answer

Aalienation clause
Bacceleration clause
Cdefeasance clause
Dgraduated clause

✓ Correct answer: A. alienation clause In mortgage terminology, an alienation clause is a provision in the contract with the lender that stipulates the borrower must fully pay off the mortgage before transferring the property to another party.

.q-expl{display:block!important}.q-opt[data-idx="0"]{border-color:#16a34a;background:#f0fdf4}.q-opt[data-idx="0"] .oltr{background:#16a34a;color:#fff}.q-opt{cursor:default!important;pointer-events:none}

Keep practising. Use the free Real Estate PDF, watch the YouTube walkthrough, or unlock all 10 web questions with timed mock exams.

Free PDF Video walkthrough

← Previous Next → 🎲 Random question ↩ Back to all questions

Keep practising

The clause that grants the lender the authority to terminate the loan in the event of property title transfer is referred to as a(n)

Related questions

Free practice here. Timed mocks when you are ready.