When you take out a mortgage, you plan on paying it back over 15 or 30 years. But in some cases, the lender can demand full repayment sooner. Mortgages allow for this possibility with acceleration ...

When a Georgia dermatologist presented her employer with a 90-day notice of resignation prior to the conclusion of her three-year employment contract, her Wisconsin-based employer responded by suing ...

You should have had a release clause, Alexander! Imagine the strife and anger that could have been avoided had Isak’s agent insisted on inserting a figure of, say, £120million into the six-year ...

Parties often add limitation-of-liability clauses to their agreements. These types of clauses can purport to limit a party’s claims or damages or both. Damage-limitation clauses can take many ...

When a homeowner sells a property with a mortgage, in most cases, they will need to pay off the mortgage at closing. A due-on-sale clause specifies that the remaining balance of a mortgage must be ...

Learn how an aggregate extension clause groups small business losses into single claims, explore its advantages, and see practical examples in reinsurance.