Definitions for "ALIENATION CLAUSE"
A clause that calls for debt under a mortgage or deed of trust to be due in its entirety, upon transfer of ownership of the property. This is the same as "Due on Sale" clause.
A type of acceleration clause requiring full payment of the balance of a mortgage upon the transfer of title of the mortgaged property.
A type of acceleration clause that demands payment of the entire debt upon sale or other transfer of the title.