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Transaction.

California Department of Real Estate

Updated 08-20-2026

Transaction.

DUE ON SALE CLAUSE — An acceleration clause granting the lender the right to demand full payment of the mortgage upon a sale of the property. DURESS — Unlawful constraint exercised upon a person whereby he or she is forced to do some act against his or her will. EARNEST MONEY — Down payment made by a purchaser of real estate as evidence of good faith. A deposit or partial payment. EASEMENT — A right, privilege or interest limited to a specific purpose which one party has in the land of

California Department of Real Estate Glossary

California Department of Real Estate · p. 12

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