Indemnification, Glossary and Terms, Mortgage Brokers, Banks US

U.S Mortgage Brokers Mortgage Brokers, Banks US, Rate, Review, Remortgage

"Indemnification"

To secure against any loss or damage, compensate or give security for reimbursement for loss or damage incurred. A homeowner should negotiate for inclusion of an indemnification provision in a contract with a general contractor or for a separate indemnity agreement protecting the homeowner from harm, loss or damage caused by actions or omissions of the general (and all sub) contractor.

Mortgage glossary and terms by letter

A B C D E F G H I J K L M N O P Q R S T U V W Y Z 0
Was this page helpful? Yes -0 No -0 3
×
Wait 20 seconds...!!!