California Insurance Code 572 – As used in this article, the term “loss payee” shall include, but not …
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As used in this article, the term “loss payee” shall include, but not be limited to, any mortgagee of the insured real property.
(Added by Stats. 1975, Ch. 281.)
Terms Used In California Insurance Code 572
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.