Balloon Payment Clause

A balloon payment clause is a provision in a contract that requires the borrower to make a large payment at the end of the loan term, often used in mortgage agreements.

IRI: http://lmss.sali.org/R7WGnh1rtHb83LCujSQcY5h
Branch: Objectives

Also known as

Ballonzahlungsklausel, Balloon Payment Clause, Clause de paiement ballon, Cláusula de pagamento balão, Cláusula de pago final elevado, Cláusula de pago final elevado, סעיף תשלום בלון, बैलून भुगतान क्लॉज, バルーン支払い条項, 气球付款条款

Ancestry path

Objectives Transactional Objectives Contractual Clause

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