The mortgage clause that prohibits a seller from letting a new buyer assume the mortgage is the ____ clause.

Question

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The due-on-sale clause is a common feature of mortgage contracts that prohibits a borrower from transferring the mortgage to a new buyer without the lender's consent. This prevents a seller from letting a new buyer assume the mortgage, as it would transfer the mortgage without the lender's consent. The prepayment, contingency, and accelerator clauses do not relate to this specific scenario.

The Mortgage Clause That Prohibits a Seller from Letting a New