When buying or selling a home, real estate contracts include clauses or designated sections in purchase or financing agreements. Each clause is important, but there are four primary clauses that ...

In a competitive housing market, bidding wars are common, and buyers need every advantage they can get. One tactic that’s become increasingly popular? The escalation clause. This stipulation ...

A due on sale clause is a provision in a mortgage contract that requires the borrower to repay the remaining loan balance in full if the property is sold or transferred. This clause protects lenders ...

In a hot housing market, crafting the perfect offer can greatly improve your chances of getting the house you want. Homebuyers are often asked to submit their "highest and best" offer when making a ...

A defeasance clause in real estate is a provision in loan agreements that defines how a borrower can satisfy the lender's requirements in order to release their lien on the property. This clause can ...

Add Yahoo as a preferred source to see more of our stories on Google. In other words, once you sell your home, your entire remaining mortgage balance becomes due immediately—you can’t pass the loan on ...

What is a right of first refusal clause in a real estate transaction? A right of first refusal, “ROFR,” may be considered a common clause seen in real estate agreements. But the effects of an ROFR can ...

While sellers typically initiate the first drafts of commercial real estate purchase and sale agreements, some larger buyers have the leverage to require use of their own form agreements. Sellers in ...