Conditional Sales Floater


Definition of "Conditional sales floater"

Steve Marsocci real estate agent
Steve Marsocci, Real Estate Agent Coldwell Banker Realty - East Greenwich

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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