Per Curiam.
In the past decade there have been numerous decisions regarding the enforceability of clauses such as the one contained in paragraph seven of appellees' second mortgage deed, known as "due on sale" clauses. Some jurisdictions have held that such clauses are enforceable only when the obligee can demonstrate a threat to one of its legitimate interests regarding the property or the obligation itself.
These jurisdictions have determined that...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
