Question

A clause which provides for deeds to portions of land to be conveyed as certain percentages of the contract price are paid, is :

Answer 1

Answer: partial release clause

Explanation:

The partial release clause is regarded as a clause which provides for deeds to portions of land to be conveyed as certain percentages of the contract price are paid.

The partial release clause simply states that when the balance on a mortgage has been paid to a particular amount, the lenders will have to release a parcel.