Conditional Sales Floater

Definition of "Conditional sales floater"

Danilo Tavares real estate agent
Danilo Tavares, Real Estate Agent Dezer Platinum Realty

Coverage for the seller of property on an installment or conditional sales contract if it is damaged or destroyed. For example, a television set is sold on an installment basis but is destroyed by a customer. The seller would be indemnified for the loss.

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