Due-on-Lease Trust Deed Provision
Covers: Triggering the due-on clause in a trust deed on entry into a lease with a term over three years, or a lease for any term coupled with an option to buy.
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Author: ft Editorial Staff
2023’s real estate market trends influence all participants; Monthly Statistical Update (September 2023)
2023’s downturn still undeclared; Despite year-over improvement, buyer purchasing power remains low; Saving rates creep higher as consumers rein in spending
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Rentals: the future of California real estate?
California’s low homeownership rate means rentals are in high demand, with vacancies near historic lows.
Read MoreTermination of Lease and Surrender Agreement — RPI Form 587
Download the Form This form is used by a property manager or landlord when the tenant returns possession of the leased premises and no further obligations remain between the tenant and the landlord, to mutually terminate a lease...
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Triggered by Any Transfer of Any Legal or Equitable Ownership Interest in the Security
Covers: The sale of a property as the primary event triggering the mortgage holder’s exercise of the due-on clause; Triggered by any method for transfer of any legal or equitable ownership in the real estate interest encumbered by a trust deed.
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