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# Due-on-Sale Clause Agreement
**This Due-on-Sale Clause Agreement ("Agreement") is made and entered into as of [Date] by and between:**
**Seller:**
[Seller's Name]
[Seller's Address]
[City, State, Zip Code]
[Email Address]
[Phone Number]
**Buyer:**
[Buyer's Name]
[Buyer's Address]
[City, State, Zip Code]
[Email Address]
[Phone Number]
**Property:**
[Property Address]
[City, State, Zip Code]
## Recitals
WHEREAS, the Seller is the legal owner of the Property; and
WHEREAS, the Buyer wishes to purchase the Property from the Seller, subject to the terms and conditions set forth in this Agreement; and
WHEREAS, the Seller desires to ensure that the Buyer cannot transfer ownership of the Property without the Seller's consent, or without paying off any outstanding obligations in connection with the Property;
NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein, the parties agree as follows:
## 1. Due-on-Sale Clause
The Seller and the Buyer agree to incorporate the following due-on-sale clause into this Agreement:
1.1 **Due-on-Sale Clause:**
In the event that the Buyer sells, transfers, or conveys all or any part of the Property, whether voluntarily or involuntarily, and whether by sale, assignment, lease, or otherwise, the entire remaining balance of any and all debts, obligations, or any other amounts owed by the Buyer to the Seller shall become immediately due and payable.
1.2 **Notification:**
The Buyer shall provide the Seller with written notification of any intention to sell, transfer, or convey the Property at least [Number] days prior to the proposed date of sale.
1.3 **Consent Rights:**
The Buyer may not sell, transfer, or convey the Property without the prior written consent of the Seller. The Seller shall not unreasonably withhold consent to any proposed transfer, provided that the Buyer is in compliance with the obligations set forth herein.
## 2. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [State], without regard to its conflict of laws principles.
## 3. Entire Agreement
This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements, understandings, representations, or warranties, whether written or oral, relating to the subject matter of this Agreement.
## 4. Amendments
This Agreement may be amended or modified only by a written document signed by both parties.
## 5. Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Due-on-Sale Clause Agreement as of the date first above written.
**Seller**
__________________________
[Seller's Name]
Date: _________________
**Buyer**
__________________________
[Buyer's Name]
Date: _________________
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This template forms a basic due-on-sale clause legal agreement. Please ensure to fill in the placeholders with the relevant details and consult a legal professional for approval and compliance with local laws.