TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

DUE SALE CLAUSE [1 record]

Record 1 1988-04-19

English

Subject field(s)
  • Law of Contracts (common law)
  • Law of Obligations (civil law)
CONT

Private investors are inserting that clause known as a non assumable or due on sale clause because it enables them to decide whether the loan can be assumed by the new owner.

French

Domaine(s)
  • Droit des contrats (common law)
  • Droit des obligations (droit civil)

Spanish

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