When a homeowner sells a property with a mortgage, in most cases, they will need to pay off the mortgage at closing. A due-on-sale clause specifies that the remaining balance of a mortgage must be ...

Learn how topping-up clauses protect currency loans from devaluation, their workings, and examples to manage forex risk ...

The habendum clause defines rights and terms in property transfer contracts, crucial in real estate and oil leases. Discover ...

We all know paying your mortgage on time is important. But you might not know how big of a deal it could be to miss a single payment. Most mortgage loans include an acceleration clause, which could ...

Forbes contributors publish independent expert analyses and insights. I write about charitable giving and estate planning ideas. To understand the use of a tax reimbursement clause you need to first ...

Kim Porter began her career as a writer and an editor focusing on personal finance in 2010. Since then, her work has been published everywhere from Forbes Advisor to U.S. News & World Report, Fortune, ...

Non-compete clauses limit employees from joining competitors to protect business interests. The FTC proposed banning non-competes, potentially increasing wages by $300 billion. Four states have banned ...

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 ...