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Take control of your financial future with this detailed checklist covering everything from your savings and investments to insurance needs and estate planning.
Buildings are subject to many different risks while under construction. They may catch fire, be damaged by high winds, or fall victim to other force majeure.A principle of common law is that any new construction or other improvement to land becomes property of the owner of the land – the title holder – once there has been an "improvement" to the owner's site.
The purpose of obtaining a certificate of occupancy is to prove that, according to the law, the house or building is in liveable condition. Generally, such a certificate is necessary to be able to occupy the structure for everyday use, as well as to be able to sign a contract to sell the space and close on a mortgage for the space.
An 18th-century fire insurance contract. Property insurance can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses.The devastating effects of the fire converted the development of insurance "from a matter of convenience into one of urgency, a change of opinion reflected in Sir Christopher Wren's inclusion of a site for 'the Insurance Office' in his new plan ...
Your insurance company will likely send an adjuster to inspect your damages, and a list will make it easier for them to complete their inspection. You want to make sure they don’t miss anything ...
Building a new house from scratch while still living in your current one requires careful planning and organization. The construction timeline for new builds is often longer than expected and can ...
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