An acceleration clause in a mortgage or trust deed stipulates that the entire debt is due immediately, if the borrower defaults under the terms of the contract. Explore the intricacies of the power of sale clause in applications like mortgages, trust deeds, and wills.Understand the state-by-state implications. In this article, I highlight the 7 common home sale contingencies that you'll want to consider when buying or selling a home in Maryland. A Maryland real estate contract, often referred to as a residential purchase and sale agreement, is a contract that is negotiated between a buyer and a seller. This video will show you what is in the Maryland Residential Purchase Contract and how to fill it out. A habendum clause is a section in a real estate deed that specifies the details of a property transfer. That clause indicates the type of ownership interest being conveyed. Closing Costs: The costs to complete the real estate transaction. How do you make a competitive offer on a house in a buyer's market?