Very often, a mortgage creditor’s interest in an insurance policy is recognized by the inclusion of a mortgage clause.
The mortgage clause attached to the policy issued by Wawanesa contained the following provision:
All fire insurance policies which cover a mortgaged immovable contain a clause dealing with the mortgage security (the “mortgage clause”).
Mortgage Clause: The agreement of sale should provide that your deposit will be refunded if the sale has to be canceled because you are unable to get a mortgage loan.
mortgage clause: The agreement of sale should provide that your deposit will be refunded if the sale has to be canceled because you are unable to get a mortgage loan.
The mortgagee clause created a contract of insurance between him and the company, and effected separate insurance upon his interest.
The mortgagee clause created a contract of insurance between him and the company and effected separate insurance upon his interest.
Requêtes fréquentes français :1-200, -1k, -2k, -3k, -4k, -5k, -7k, -10k, -20k, -40k, -100k, -200k, -500k, -1000k,
Requêtes fréquentes anglais :1-200, -1k, -2k, -3k, -4k, -5k, -7k, -10k, -20k, -40k, -100k, -200k, -500k, -1000k,
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