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Day 10: Analyzing and Pricing Businesses


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Business Brokerage Glossary

Due-On-Sale Clause

The clause in the loan papers that gives the lender the right to call the loan due and payable on the happening of a certain event, such as the sale of the property.

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Exclusive Listing

Although there are a number of different types of listing agreements, the Exclusive Listing Agreement is by far the best and provides the most protection for a business broker.
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