mortgagee policy

mortgagee policy. A title-insurance policy that covers only the mortgagee’s title and not the owner’s title. Cf. OWNER’S POLICY. [Cases: Mortgages 201. C.J.S. Mortgages §§ 311–314.]

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词条贡献者

双语律师Lorna，国际知名商学院金融专业，擅长翻译涉及金融创新和金融科技领域的法律文件。