Definition: a provision in a mortgage agreement that requires borrowers to maintain mortgaged property in good condition
Pronunciation: \ˈmānt-nən(t)s, ˈmān-tə-nən(t)s\ \ˈklȯz\
Used in a Sentence: When the homeowner did not keep his property in good condition he violated the maintenance clause in his mortgage agreement.
How do you earn bigger commissions in real estate? In this week's episode of State of Real Estate, you'll learn the secrets to earning bigger real estate commissions. Join us...
How do you earn bigger commissions in real estate? In this week's episode of State of Real Estate, you'll learn the secrets to earning bigger real estate commissions. Join us...
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