All of the following are duties of the mortgagee under the standard mortgage clause EXCEPT to reimburse
Fantastic news! We've Found the answer you've been seeking!
Question:
- to reimburse the insurer for any loss payments.
- to notify the insurer of any change in ownership of the property of which the mortgagee is aware.
- to provide a proof of loss form if the insured fails to do so.
- to pay the premium if the insured fails to do so.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: