Florida Real Estate Practice Exam 2025 – The Complete All-in-One Guide to Master Your Exam Success!

Question: 1 / 400

What does the acceleration clause in a mortgage do?

Allows the mortgagee to delay payment dates

Requires higher payments over time

Allows the mortgagee to advance the due date of the unpaid balance

The acceleration clause in a mortgage allows the mortgagee (lender) to demand immediate payment of the entire unpaid balance. This is usually triggered by the mortgagor (borrower) defaulting on the payments or violating other terms of the mortgage agreement. Option A is incorrect because it does not relate to extending or advancing payment dates, it actually accelerates them. Option B and D are incorrect because they refer to changes in payment terms or interest rate, which is not what the acceleration clause does. Option C is the correct answer as it accurately describes the purpose of the acceleration clause in a mortgage.

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Decreases the interest rate annually

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