Discover how subordination clauses protect lenders in loans and mortgages, ensuring debt priority and secure repayments in refinancing, foreclosures, or bankruptcy.
Learn how interlocking clauses in reinsurance treaties allocate losses between multiple agreements, helping insurers manage risk across different periods effectively.
Forbes contributors publish independent expert analyses and insights. I write about charitable giving and estate planning ideas. To understand the use of a tax reimbursement clause you need to first ...
When engaging in a real estate transaction, it's important to understand the details of your mortgage agreement - especially clauses that dictate how ownership can be transferred. One such provision ...
A proposed ban on non-compete clauses for most workers was one of the budget's rare surprises, which wasn't flagged until an official leak within a few hours of Jim Chalmers getting up to deliver his ...
An acceleration clause allows a mortgage lender to demand full repayment of the loan if certain conditions are not met. This clause protects against missed payments, violations of loan terms, or ...
Non-compete clauses limit employees from joining competitors to protect business interests. The FTC proposed banning non-competes, potentially increasing wages by $300 billion. Four states have banned ...
We all know paying your mortgage on time is important. But you might not know how big of a deal it could be to miss a single payment. Most mortgage loans include an acceleration clause, which could ...