due-on-encumbrance clause
due-on-encumbrance clause 再抵押加速到期条款 抵押协议中的条款。据此,在抵押人未经抵押权人同意将抵押的不动产再抵押给第三人时,抵押权人有权要求抵押人提前偿还抵押债务。
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due-on-encumbrance clause 再抵押加速到期条款 抵押协议中的条款。据此,在抵押人未经抵押权人同意将抵押的不动产再抵押给第三人时,抵押权人有权要求抵押人提前偿还抵押债务。
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due-on-encumbrance clause. A mortgage provision giving the lender the option to accelerate the debt if the borrower further mortgages the real estate without the lender’s consent. • All state laws on the enforcement of due-on-sale clauses have been preempted, and the subject is now governed exclusively by the Garn Act. 12 USCA § 1701j–3. [Cases:
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