Definition: a provision in a mortgage that requires the borrower to pay all legitimate property taxes
Pronunciation: \ˈklȯz\
Used in a Sentence: We were required to pay the property taxes on the building due to the tax clause in the mortgage.
Definition: a provision in a mortgage that requires the borrower to pay all legitimate property taxes
Pronunciation: \ˈklȯz\
Used in a Sentence: We were required to pay the property taxes on the building due to the tax clause in the mortgage.