A

Acceleration Clause

Acceleration Clause. A provision in a loan which, upon certain events such as a default or a transfer of the property in violation of the due-on-sale clause, allows the lender to demand all sums owed by the borrower to be immediately due and payable.

At Harlan and Associates, we would love to be your Closing Attorneys in Atlanta. Want to know more? Contact us and we will be happy to discuss how we can be of service to you!