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due

So, Who Pays For That Post-Closing Special Assessment — the Buyer or Seller?

Home Sale “Bones of Contention”** — and How to Avoid Them Sellers don’t want to pay special assessments that are payable after closing . . . because they’re not going to be the owner then. It makes sense for the Buyer to pay it, they reason, because it’s the Buyer who’s going to enjoy the...
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Real Estate’s OTHER Acceleration Clause

How Lenders (& Local Governments) Avoid Getting Left Holding the Bag First, a word about real estate’s better known — OK, less obscure — acceleration clause. Also known as a “due on sale” clause, it’s that little paragraph in very fine print at the end of each mortgage that provides if the homeowner transfers title...
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