In this real estate exam prep video, we discuss 7 common but key mortgage clauses student must know for their real estate license exam. These 7 clauses are:

Due-On-Sale Clause (a.k.a. Alienation Clause) –
Acceleration Clause –
Defeasance Clause –
Release Clause (a.k.a. Partial Release Clause) –
Prepayment Penalty Clause –
Subordination Clause –
Assignment of Rents Clause –

Other key real estate terms discussed in this real estate exam prep video include:

Mortgagee –
Mortgagor –
Leasehold Interest –
Promissory Note –
Lien Priority –

Best of luck with your studies…

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New real estate exam prep videos uploaded 2-3x per week to students pass their real estate exam. Feel free to leave a comment, suggestion, or questions asked in the comment section.

Email me:

Paul Vojchehoske
Mr. Real Estate Seminars, Inc.
The Real Estate Classroom
P. O. Box 540725
Omaha, NE 68154
(402) 660-0395

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P.S. Nothing in this video shall be construed as legal or financial advice and is for INFORMATIONAL purposes only! Please consult with a competent attorney, financial advisor, and your broker before implementing anything you’ve learned from this video. Likewise, the issues discussed herein may not be applicable in your state or local jurisdiction.

Paul Vojchehoske

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