California Prepayment Penalty Clauses: Contract for Real Property

State:
Multi-State
Control #:
US-C-CL-590-1
Format:
Word; 
Rich Text
Instant download

Description

A clause dictates the conditions under which the contract is legally enforceable and determines the terms of the contract. Contracts often contain boilerplate clauses or standard clauses found across most contracts. These standard clauses do not require a lot of negotiation. Included is a Sample Prepayment Penalty Clauses for a Contract for Real Property. This is a penalty that is imposed upon the borrower if they attempt to make a mortgage payment before the date or time period stated in the contract. While it may seem like mortgage lenders would prefer an early payment, in some cases the lender may actually lose profit if the mortgage is paid off too quickly.

Related forms

form-preview
Connecticut Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

Connecticut Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

View this form
form-preview
Georgia Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

Georgia Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

View this form
form-preview
Florida Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

Florida Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

View this form
form-preview
District of Columbia Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

District of Columbia Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

View this form
form-preview
Idaho Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

Idaho Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

View this form
form-preview
Hawaii Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

Hawaii Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

View this form
form-preview
Illinois Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

Illinois Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

View this form
form-preview
Indiana Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

Indiana Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

View this form
form-preview
Iowa Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

Iowa Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

View this form
form-preview
Kansas Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

Kansas Sample Letter for Confirmation - Pre-Arrival Letter to Hotel for Corporate Guest

View this form

Form popularity

Trusted and secure by over 3 million people of the world’s leading companies

California Prepayment Penalty Clauses: Contract for Real Property