Security Transactions And Mortgages

Power of Sale Clause

Learn about the definition for this legal term.

What is Power of Sale Clause?

A clause in the mortgage that is applicable in states that provide for non-judicial foreclosures; the mortgagee basically takes a power to sell the property without going through the court system.

Further Reading

For more detailed information, see our related Security Transactions And Mortgages terms:

Stephanie Bagnall

Reviewed by

Stephanie Bagnall

Licensed Attorney and Legal Researcher

Stephanie Bagnall is a Georgia-licensed attorney and legal researcher with experience in accessibility law, compliance, employment law, and legal writing. She helps develop and review BarPrepHero's Legal Terms content for clarity, accuracy, and usefulness to bar exam students.

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