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- Hey everybody, my name is Paul Vojchehoske and welcome to the Real Estate Classroom YouTube channel. Hey, before we get started on todays video over common loan clauses that you need to know for your real estate exam. Hey, do me a favor. Give this video a thumbs up. Hit that red Subscribe button. Click on the notification bell. And if you have any questions or comments, put them down below in the comment section of this channel. Dont forget to share this with somebody. Okay, lets get to todays video. (metal music) So in todays video, were gonna discuss seven common contingencies or seven common loan clauses that are really paramount in just about any loan document, including mortgage, a deed of trust, or even a land contract. And those seven clauses are due on sale clauses, sometimes known as an alienation clause. We have the acceleration clause, the defeasance clause, the release clause, the prepayment penalty clause, a subordination clause. And then finally, whats called an
