An acceleration clause allows a mortgage lender to demand full repayment of the loan if certain conditions are not met. This clause protects against missed payments, violations of loan terms, or ...
A severability clause lets certain contract parts remain valid, even if others are void. Learn about its definition, key ...
A liberalization clause in insurance adjusts your policy as laws change, ensuring continued compliance without extra cost.
Protecting sensitive information is essential when drafting legal agreements. However, crafting a clear and effective confidentiality clause can feel challenging. Many struggle to create one that ...
Creating a strong purchase offer is critical when you’ve found a home you want to buy. Essentially, you want to tell the seller you’re both qualified and serious about buying the home. In some cases, ...
A discussion of the antitrust implications of non-compete clauses in agreements between employers and employees.
Escalation clauses incrementally increase your offer on a home if the seller receives higher bids, up to a maximum price. Including one in your purchase offer can help you stay competitive without ...
When you buy a house, closing day is as exciting as it gets. You’re finally getting the keys to your new home! But before that can happen, you need to sign a stack of papers as thick as a school ...
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