142
In forceMortgage insurance of unit
Part 11Miscellaneous
Division 11.1Mortgage insurance
142 Mortgage insurance of unit
If the interest of a unit owner is subject to a mortgage, the owner may take out 1 or more policies of insurance (a mortgage insurance policy) for indemnity against liability under the mortgage arising out of damage to, or destruction of, the unit.
This Act’s bill:Explanatory statementSecond reading speech
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