Ask Question
10 May, 05:05

What clause in a mortgage is activated when the entire mortgage has been paid in full? Acceleration Defeasance Habendum Redemption

+4
Answers (1)
  1. 10 May, 05:25
    0
    The correct answer is Defeasance

    Explanation:

    A defeasance condition is a mortgage provision indicating that the borrower will be presented the title to the property once all the payment mortgage are reached.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What clause in a mortgage is activated when the entire mortgage has been paid in full? Acceleration Defeasance Habendum Redemption ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers