Assumption Indemnity Clause

In mortgage finance, an assumption indemnity clause is a clause included in assumable mortgage agreements which informs potential buyers of their obligation to assume all debt obligations related to a mortgage when they take over the mortgage.

More on this topic:
Swiss mortgage comparison

About moneyland.ch

moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom. More than 80 unbiased comparison tools and calculators are available on moneyland.ch, along with useful financial guides and timely news. The comprehensive comparison tools help you to find the right insurance policies, bank accounts, credit and prepaid cards, loans, mortgages, trading accounts and telecom products for your needs.