A defeasance clause in real estate is a provision in loan agreements that defines how a borrower can satisfy the lender's requirements in order to release their lien on the property. This clause can ...

Defeasance probably isn’t a word you hear used in everyday conversation. When you’re buying a home, though, it’s important to know what it means — it refers to terminating something, or rendering it ...

Some commentors have argued that defeasance violates “uncompensated taking” constitutional protections. While mortgage defeasance legislation would likely invite legal challenges, I will explain why ...

Yield maintenance and defeasance are two common methods used to compensate lenders for the loss of interest income on commercial loans. Both terms refer to prepayment penalties designed to preserve ...