asensioea2 asensioea2

24-05-2024
Business

Answered

Which of the following is not a Commission approved Deed of Trust:
creditworthy
not due on sale/transfer
due on sale
1% increase

Answer :

GinnyAnswer GinnyAnswer

24-05-2024

Final answer:

Due on sale is not a Commission approved Deed of Trust due to loan acceleration upon sale of the property.

Explanation:

Due on sale is not a Commission approved Deed of Trust compared to the other options.

When a property is sold, a due on sale clause typically accelerates the loan, meaning the full amount becomes due immediately.

This protects the lender's interests in case of transfer of ownership.

Learn more about Real Estate and Deeds of Trust here:

https://brainly.com/question/39560204

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