What is the dueonsale clause, and how can you avoid it? In this video, I will discuss the dueonsale clause in real estate. I'll be going over the basics of the clause and how to avoid it so that you can protect your assets and enforce your rights as an investor!
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"How do investors avoid triggering the due on sale clause?" 5:23
If you're buying or selling a property, watch this video to learn about the dueonsale clause and how to avoid it. By understanding this clause, you'll be better positioned to negotiate a favorable deal!
"Due on sale" clauses are a specific type of acceleration clause commonly found in mortgage agreements. These clauses give the lender the right to demand full repayment of the mortgage if the borrower sells or transfers the property to another party.
This is an important topic, so make sure to watch the video to learn all about it. If you have any questions after watching, please leave them in the comments section, and I'll be happy to answer them!
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Show Notes:
0:00 Intro
0:48 What Is A Due On Sale Clause?
2:41 Triggers
4:22 Violations
5:22 Avoid the Clause
8:18 Outro
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ABOUT CLINT COONS
Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorneyclient relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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