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Từ vựng:

due-on-sale provision

Giải nghĩa:

/djuː-ɒn-seɪl prəˈvɪʒn/ – noun


Definition: Điều khoản về việc thanh toán khi chuyển nhượng đối với tài sản bất động.

A more thorough explanation: a clause in a loan or mortgage agreement allowing the lender to demand that the borrower pay back all of the money borrowed if the borrower sells or transfers the property used as security

Example: The houses were subject to existing due-on-sale provisions and the mortgage companies could demand the properties back at any time.

 

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