California Codes > Insurance Code > Division 1 > Part 1 > Chapter 6 > Article 5 – Certain Insurance Covering Real Property
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Terms Used In California Codes > Insurance Code > Division 1 > Part 1 > Chapter 6 > Article 5 - Certain Insurance Covering Real Property
- Contract: A legal written agreement that becomes binding when signed.
- licensee: means an insurer, agent, broker, or any other person who is required to be licensed by the department. See California Insurance Code 38.6
- loss payee: shall include , but not be limited to, any mortgagee of the insured real property. See 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.
- State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18