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UNIT TITLES (MANAGEMENT) ACT 2011 (NO. 41 OF 2011) - SECT 142
Mortgage insurance of unit
(UTA s 134)
If the interest of a unit owner is subject to a mortgage, the
owner may take out 1 or more policies of insurance (a mortgage insurance
policy ) for indemnity against liability under the mortgage arising out of
damage to, or destruction of, the unit.
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