RC_LA_EA_301.2 Property Insurance Requirements
Property Insurance Requirements examines the general requirements for various types of property insurance, including the obligations of the borrower and lender. The course distinguishes between a deed of trust and a mortgage and describes how those differences impact a servicer’s ability to enforce their rights under the instrument. Finally, this course describes the provisions found in deeds of trust and mortgages relating specifically to the maintenance of property insurance, including a discussion of condominium and PUD riders.
This is a single-family/residential course.
- Requirements for Property Insurance
- Deed of Trust or Mortgage
- Condominiums and PUDs
Seat time approximately 30 mins.