Law & Legal Issues

What does notice of acceleration mean?

Top Answer
User Avatar
Wiki User
Answered 2009-06-24 16:23:13

Notice of Acceleration means that a Lender/Note Holder has put a Borrower on notice to pay off all amounts due to Lender within a specified timeframe, usually not less than 30 days.

User Avatar

Your Answer


Still Have Questions?

Related Questions

What is rescission of acceleration of loan maturity?

what does Notice of Rescission of Acceleration of Loan Maturity mean

Which steps are included in the foreclosure process?

The first step is a Notice of Default, followed by the Notice of Acceleration. The third step is the Notice of Sale and the fourth step is a Public Auction.

What does acceleration mean?

acceleration= force/mass and also change in direction,speed are acceleration

What does a horizontal line on a acceleration graph mean?

This means that it has a constant acceleration. It DOES NOT mean that the object is at rest.

What does Notice of Dropping Party mean?

What does Notice of Dropping Party Defendant mean?

Does a negative acceleration always mean that an object is slowing down?

No. A negative acceleration could mean a change in direction

What is the value of acceleration when a body moves uniformly?

If by uniformly you mean at a constant speed then that implies no acceleration or an acceleration of zero.

What is the acceleration for the pull of gravity?

If you mean acceleration due to gravity it is ~9.8m/s2

Can an object have zero acceleration and eventually-reverses its acceleration?

I am not sure what you mean by reversing a zero acceleration. An object's acceleration can, of course, change over time.

What do you mean by tender notice?

To Tender Notice means in basic to GIVE NOTICE of an event. In employment terms tender notice would mean to resign or have a notice of termination of employment given to you. Business terms it can mean to give forwarning of ceasation of a contract, partnership etc

What does the word acceleration mean?

to accel

What does it mean if an object is in motion?


What does acceleration is uniform mean?

It means that the acceleration does not change.

Explain how a moving car can become positively active?

a car become positively active when we can notice that there is an acceleration.

What does accelerating mean?

It means that something accelerates, or is subject to acceleration. In popular language, "acceleration" is often understood to mean that the speed increases. In physics, acceleration is any change of velocity.

When will you say a body is in uniform acceleration?

uniform acceleration mean that the acceleration doesn't change over the course of time of the time considered for a certain

Unit of gravity?

You mean acceleration due to gravity. Then it is the same as that of acceleration ie m/s2

What does decceleration mean?

Deceleration is the opposite of acceleration. It means decreasing speed and can be measured as negative acceleration.

What do you mean by constant acceleration?

It means that the velocity of the body increases constantly at a rate of the given acceleration.

What are the step taken in a foreclosure process?

There are multiple steps that a lender must complete in order to initiate foreclosure. These steps include providing the homeowner a notice of default, a notice of acceleration, a notice of sale and finally inclusion in a public auction.

What does default notice not entered mean?

What is next after notice of default is entered

What does MA mean in Australia?

Mass acceleration

What does it mean if an object has negative acceleration?

its slowing down gatorrificperson says.......The acceleration is in the opposite direction of the velocity

What does forces in terms of acceleration mean?

As defined by Isaac Newton, force equals mass times acceleration.

What does x intercept at the origin mean on a acceleration versus force graph?

It means that when the force is zero, there is no acceleration.