TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

mortgage clause [2 records]

Record 1 2015-09-17

English

Subject field(s)
  • PAJLO
  • Law of Security
CONT

The mortgage clause clearly states that the mortgagees' coverage shall remain in force “notwithstanding ... any vacancy or non‑occupancy” attributable to the mortgagor.

French

Domaine(s)
  • PAJLO
  • Droit des sûretés
OBS

clause hypothécaire : terme normalisé par le Comité de normalisation, Promotion de l'accès à la justice dans les deux langues officielles (PAJLO).

Spanish

Save record 1

Record 2 2012-02-13

English

Subject field(s)
  • Law of Contracts (common law)
CONT

The standard mortgage clause recognizes the existence of a mortgage on the insured property by setting out certain rights and obligations of both the mortgagee and the insurers.

PHR

negative mortgage clause, negative mortgage security clause.

French

Domaine(s)
  • Droit des contrats (common law)
CONT

La clause standard relative aux garanties hypothécaires tient compte de l'existence d'une hypothèque sur les biens assurés en établissant certains droits et obligations, tant pour le créancier hypothécaire que pour les assureurs.

Spanish

Campo(s) temático(s)
  • Derecho de contratos (common law)
Save record 2

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