by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate finance, a Due on Sale Clause is a provision in a mortgage or deed of trust that allows the lender to require immediate payment of the remaining loan balance if the property is sold or transferred. This clause prevents a borrower from transferring the...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate, Dual Agency occurs when a single real estate agent or brokerage represents both the buyer and the seller in the same transaction. In this situation, the agent works with opposing principals at the same time and owes fiduciary duties to both parties....
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate, a Down Payment is the portion of the purchase price that a buyer pays in cash from their own funds rather than borrowing through a loan. It is paid at or before closing and represents the buyer’s initial equity in the property. The amount of the down...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate, a Donor is a person or entity that voluntarily transfers ownership of real property to another party as a gift, without receiving consideration in return. The donor initiates the transfer, typically by executing a deed that conveys title to the...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate, a Donee is a person or entity that receives property as a gift, rather than through a sale or exchange for value. The transfer is made voluntarily by the owner, known as the donor, and typically occurs through a deed that conveys title without...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate and legal contexts, Domicile refers to a person’s legal residence, the place where an individual has their permanent home and to which they intend to return, even if they are temporarily living elsewhere. A person may have multiple residences, but only...
