Ecolex Logo
The gateway to
environmental law
Search results » Legislation

Mortgage Insurance Act.

Country/Territory
Jamaica
Document type
Legislation
Date
1960 (2011)
Source
FAO, FAOLEX
Subject
Land & soil
Keyword
Liability/compensation Contract/agreement Special fund
Geographical area
Americas, Caribbean, Latin America and the Caribbean, Small Island Developing States
Abstract

This Act grants power to the Jamaica Mortgage Bank to effect contracts of insurance for loans insurable under this Act. Loans include loans for the purchase of agricultural land and loans secured by a first mortgage on agricultural land or not exceeding twenty-five years in term. The Act also provides for criteria and procedures for the execution of the insurance. The Bank shall establish a Mortgage Insurance Fund for purposes of this Act.

Full text
English
Website
www.moj.gov.jm

References - Legislation

Implemented by

Mortgage Insurance Regulations.

Legislation | Jamaica | 1960 (1986)

Keyword: Liability/compensation

Source: FAO, FAOLEX

Amended by

Mortgage Insurance (Amendment) Act (No. 19 of 2014).

Legislation | Jamaica | 2014

Keyword: Liability/compensation, Contract/agreement, Special fund

Source: FAO, FAOLEX