Postponement Clause: Are usually included in a junior mortgage, in which, the lender permits the borrower to renew or replace the existing first mortgage on the property falling due before the junior mortgage is due.
More About: Postponement Clause
Other articles you may find interesting:
Here is a video you may find helpful
[fusion_youtube id=”-sVeJ4uQmYI” alignment=”center” width=”” height=”” autoplay=”false” api_params=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” /]
17 Key Concepts, 30 Lessons Immediate Direct Access
I help smart and successful couples, create separation agreements with clarity and soft landings for secure futures, in 4 meetings or less without all the lawyer created overwhelming conflicts, confusion and costs. You can work with me by video conference or with a DTSW associate at any of our 6 DTSW Greater Toronto mediation centers, including | Aurora | Barrie | North York | Vaughan | Mississauga | Scarborough.
Have a few questions - Tap here to Schedule a Get Acquainted Call