Transaction.
Last updated 2026-08-01
California Department of Real Estate
Updated 2026-08-01
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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