Real Estate Glossary



  Acceleration Clause

A provision in a mortgage that gives the lender the right to demand payment of the entire principal balance if a monthly payment is missed.

 

[ Back To Real Estate Glossary ]

Each Office is Independently Owned and Operated.


Search For Homes | Buyer/Seller Info | Dream Home Finder | Market Analysis | Community Info/Links | Weather Report | Contact Martin | Home

Website design and hosting by iHOUSE ®

Site Admin Menu