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In general, the title insurance company would cover the financial damages incurred by a homeowner due to an easement that was never disclosed at the time of the sale.
Conservation easement boundary sign. In the United States, a conservation easement (also called conservation covenant, conservation restriction or conservation servitude) is a power invested in a qualified land conservation organization called a "land trust", or a governmental (municipal, county, state or federal) entity to constrain, as to a specified land area, the exercise of rights ...
In OCIP, all construction, materials, hazard, workers' compensation, environmental, terrorism, and other building-related insurance is purchased by the property owner as part of a single policy from a single insurer. Thus, property owners benefit from OCIP in that all insurance costs are collected into a single policy premium, rather than ...
When a home insurance policy with a $300K dwelling limit already costs nearly $2,200 per year on average, it can be tempting to choose lower coverage limits to save money upfront. But, when you ...
Each case depends upon its own facts, [30] however a guiding test, [31] is whether a chattel has been fixed with the intention that it shall remain in position 'permanently or for an indefinite or substantial period', [17] or only for some temporary purpose. [17] [32] [33]: p 712–3
A construction-to-permanent loan — also known as a one-time, single-close or construction-perm loan — is a type of mortgage for those building a home. It funds the purchase of land and the ...
The valuation of property for estimating just compensation due for a partial taking of property for purposes of constructing a public improvement may involve the use of several extraordinary assumptions or hypothetical conditions in both the before and after condition in order to formulate estimates of overall just compensation due or damages ...
Under French law (Article L241-1 of the Insurance Code), every builder is required to purchase a ten-year insurance policy covering the mandatory decennial warranty on all construction projects. The decennial warranty is a legal liability assumed by builders for all defects that compromise the integrity of their structures or that cause them to ...