Proponents of transmission flushing often claim 100% of the fluid is replaced. This is untrue for several reasons. When the engine is running and the transmission is in park, only a part of the fluid is circulated. A good deal of fluid simply flows from the pump back to the pan, through the pressure relief valve.
DEFINITION of 'Mortgagee'. An entity that lends money to a borrower for the purpose of purchasing a piece of real property. By accepting a mortgage on the real property, the lender creates security in the full repayment of the loan in the future.
You will find the mortgagee clause address and other details on this page. However, it is only appropriate to learn a few things about a mortgagee clause before you can actually use it. A mortgagee is someone who lends you money to buy a home. A borrower, on the other hand, is known by the term Mortgagor.