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18 February, 14:18

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

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  1. 18 February, 17:20
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    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.
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