David Saks: December 2012

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 1972

                                                         #1972

An item in an instrument used for the security of a home purchase that will allow the lender to declare the entire debt of the loan due and payabe immediately if the borrower defaults or breaches the agreement is known as the Principle of Anticipation.

Is this fact true or false ?

Please take your time. The soultion is posted below the wildlife photo.

wildlife

A. False

The item used in the instrument for the security of the home purchase if the borrower defaults or breaches the loan is known as an acceleration clause.




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • December 24 2012 11:23AM
Real Estate Practice : Lesson 1972
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