Postponement Clause Family Law Terminology

Postponement Clause

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:

Feedback & Your Questions

Your Questions are welcome. Just tap the button below.

Understanding Divorce

17 Key Concepts, 30 Lessons Immediate Direct Access

Free Legal Advice in Ontario

Discover free legal advice resources in Ontario to help you navigate the complexities of separation and divorce. Learn about various services, including legal information centers, hotlines, and pro bono clinics, designed to provide support and guidance during these challenging times. Empower yourself with the knowledge and resources to make informed decisions for your family's future.

About the Author:
Ken Maynard CDFA, Acc.FM

I assist intelligent and successful couples in crafting rapid, custom separation agreements that pave the way for a smooth transition towards a secure future. This efficient process is achieved in about four meetings, effectively sidestepping the excessive conflicts, confusion, and costs commonly linked to legal proceedings. Clients have the flexibility to collaborate with me either via video conference or in-person through a DTSW associate at any of our six Greater Toronto mediation centers, located in Aurora, Barrie, North York, Vaughan, Mississauga, and Scarborough.

Have a few questions -  Tap here to Schedule a Get Acquainted Call

 

 

Ken Maynard CDFA, Acc.FM