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Tag: mortgagee

standard mortgagee clause – (Ekonomi / Bisnis)

Pengertian standard mortgagee clause adalah: Subjek Definisi Bank ? standard mortgagee clause : A provision in a hazard insurance contract stipulating that in the event of a loss, proceeds will be paid to a secured party. Usually used when the insured property is real property. Includes personal property that is insured as contents of the insured real property. Sometimes referred to as simply a mortgagee clause, the standard mortgagee clause is actually a much broader, […]

mortgagee – (Ekonomi / Bisnis)

Pengertian mortgagee adalah: Subjek Definisi Bank ? mortgagee : A secured party to whom insurance proceeds are paid as stipulated in a mortgagee payee clause of an insurance policy obtained by a debtor and covering property owned by a debtor and pledged to the secured party. Generally applies to real property. mortgagee : The lender in a mortgage loan relationship. See also Mortgagee/Loss Payee. mortgagee : the lender of funds to buy property secured by […]

mortgagee clause – (Ekonomi / Bisnis)

Pengertian mortgagee clause adalah: Subjek Definisi Bank ? mortgagee clause : A provision in a hazard insurance contract stipulating that in the event of a loss, proceeds will be paid to a secured party. Usually used when the insured property is real property. Includes personal property that is insured as contents of the insured real property. The term mortgagee clause may be used to refer to all such insurance policy stipulations. However mortgagee clauses are […]

mortgagee waiver – (Ekonomi / Bisnis)

Pengertian mortgagee waiver adalah: Subjek Definisi Bank ? mortgagee waiver : A document obtained by some secured lenders with a collateral interest in property covered or potentially covered by a mortgage granted to a different lender. For example, if Bank B is taking a security interest in large equipment that might be deemed to be fixtures covered by a mortgage held by Bank A, Bank B may request a mortgagee waiver from Bank A. May […]