Release Clause: What is it? Real estate license exam questions.

Today we are talking about the release clause also known as a buyout clause. A release clause is a contract provision that allows for the freeing of all or part of a property from a claim through a proportional or full amount of the mortgage being paid. This clause is usually seen in blanket mortgages. As always in this video we will talk about the definition, how it deals with real estate and what to remember for the real estate exam. -=-=-=-=- Don’t forget to like and subscribe for more! Want to learn more about the smart way to get your real estate license and start a successful real estate career? Then make sure to visit the Real Estate License Wizard, getting started is easy. Just click the page below: https://realestatelicensewizard.com -=-=-=-=-