standard mortgage clause
nounLegal Definition of standard mortgage clause
: a mortgage clause that is usually considered to form a separate contract between the insurer and mortgagee under which the mortgagee can collect payment even if the policy is void or voidable with regard to the insured (as because of fraud or nonpayment)
— called also
union mortgage clause
Comments on standard mortgage clause
What made you want to look up standard mortgage clause? Please tell us where you read or heard it (including the quote, if possible).
Test Your Vocabulary
Words from Greek and Roman Mythology Quiz
-
- Boreal comes from the name of the ancient Greek god of which wind?
Test your visual vocabulary with our 10-question challenge!
TAKE THE QUIZ
Test Your Knowledge - and learn some interesting things along the way.
TAKE THE QUIZLove words? Need even more definitions?
Merriam-Webster unabridgedWords at Play
Ask the Editors
Word Games
-
Words from Greek and Roman Mythology Quiz
A mythological/etymological mashup!
Take the quiz -
Great Scrabble Words—A Quiz
Words to improve your Scrabble game
Take the quiz -
Name That Thing
Test your visual vocabulary with our 10-question challenge!
Take the quiz -
Bee Cubed
Listen to the words and spell through all three levels.
Play the game
Share standard mortgage clause
Resources for standard mortgage clause