Sentences with phrase «legally liable»

Six years in, thousands of homeowners are finding themselves legally liable for houses they didn't know they still owned after banks decided it wasn't worth their while to complete foreclosures on them.
Thousands of home owners are discovering they may be legally liable for a home they thought they no longer owned.
Liability insurance policies cover both legal expenses and any legal payouts for which the insured would be responsible for if found legally liable.
Professional Liability Insurance, also known as Errors and Omissions (E&O) Insurance, is an insurance policy that protects an individual or business from the risk that they may be sued and held legally liable for something such as malpractice, injury, or negligence.
cover: (1) all property owned by a Tenant or for which the Tenant is legally liable, located within the Centre, including, but not limited to, Tenant's Work and Leasehold Improvements, in an amount not less than the full replacement cost thereof, subject to a by - law endorsement.»
This breach in his duty made him negligent, making him legally liable to Randy for damages.
I am legally liable for a million details.
If there's a breach, who is responsible for the costs of dealing with it, and who is legally liable for any damages incurred?
Set Up Your Maintenance Team As the rental owner, for the most part, you will be legally liable for keeping up the property in terms of basic maintenance.
NAR's legal team warns that, when clients fall prey to fraud through phishing, brokers could be legally liable if they failed to provide appropriate warnings.
If you and your spouse have joint credit cards, car loans, or other forms of unsecured debt, you are legally liable for them — even if you never use the credit card in question or drive the car a loan is for.
Because you are not legally liable for the new mortgage, you can sign over the home's title without fear of credit damage or lawsuits should your former spouse stop making payments on the home loan.
Thus, if you do not refinance or pay off your loan, your ex-spouse may remain legally liable to pay the vehicle's loan no matter what your divorce documents say.
A Latin phrase meaning «let the superior answer,» respondeat superior is the legal doctrine which holds an employer, officer, manager, supervisor or other «superior» individual or group to an employee or subordinate legally liable for the acts of the employee or subordinate.
This is an especially egregious lie, given that employers are legally liable and can suffer serious financial penalties for falsely passing off employees as being credentialed.
But whether they sell it off or leave it alone, they are still legally liable to report it.
Another variant we found threatens that the recipient's website is legally liable for images being abused without consent.
The policy provides coverage for your personal belongings as well as protection for you should you be held legally liable for someone's injury or damage to their property.
UNINSURED MOTORIST COVERAGE: Protects the insured against financial loss resulting from bodily injury carelessly inflicted by an uninsured motorist, including a hit and run driver, who is legally liable.
LIABILITY COVERAGE: Covers losses for which an insured is legally liable.
If a person is injured at your home, you could be found legally liable to handle the trip to the hospital, doctor visits and even his or her medication.
In interstate trucking or intrastate transportation, a certificate of insurance is required because of the potential for large losses if a driver or business owner is held legally liable for an accident.
Home Liability Insurance — This coverage protects you against a claim or lawsuit resulting from bodily injury or property damage to others for which you are legally liable.
Not only will you find yourself legally liable to pay thousands in car repair costs and possible hospital bills, but you could also find legal action taken against you.
Otherwise, if you use the license to drive in other states, you will face the problem of being held legally liable to the stipulated traffic laws of that state.
Personal Liability: Covers bodily injury and property damage bills you are found legally liable to pay, such as a visitor slipping in your home.
These are claims for which your business is legally liable, but did not cause bodily injury or property damage to a third - party.
If a driver or owner of a vehicle is legally liable for an accident but does not have enough insurance, you may be able to use underinsured motorist coverage for injuries, including death.
If you do not, you risk the chance of being held legally liable for the remaining amount owed for the damages or injuries to the other party.
Your policy pays for personal injury or damage you cause unintentionally whether you are legally liable or not.
To pay all sums for which the insured is legally liable to pay the employees with respect to personal injury by accident or diseases arising out of and during the course of the employment
The owner of the vehicle is legally liable for any injury or damage to life or property caused by used of the insured vehicle.
If the customers» credit card or debit card is stolen or lost and the customer is legally liable to pay for credit given to a person who has found or stolen the card, then the company will pay the amount mentioned in the schedule for any one occurrence of loss or theft of one or more cards
Section - X: Public Liability & Workman Compensation Risks = The company will indemnify the policyholder in respect of amount which the insured is legally liable to pay as a private householder.
A simple definition of liability car insurance is coverage if an insured is legally liable for bodily injury or property damage caused by an automobile.
Also pays for medical expenses that an insured person is legally liable for as the result of a law suit for an accident caused by the insured person resulting in bodily injury to another person / third party.
Homeowners Insurance also covers you for property damage or injury to others for which you or other family members may be held legally liable.
Liability insurance covers injuries or property damage that you're legally liable for as a result of an auto accident.
This type of policy also includes coverage for your liability for injury that may occur in your home and outside of your residence if you are legally liable for injury or damage to someone else.
The Casualty portion of P&C insurance refers to coverage for incidents in which you are legally liable for property damage or injury caused to another party.
Arbitration is commonly used to resolve disputes about who was legally liable to pay damages for a loss, the amount of damage sustained, or coverage issues.
If a driver or owner of a vehicle is legally liable for an accident but does not have enough insurance, you can use UIM coverage for injuries, including death, that you, your resident relatives and occupants of your insured vehicle sustain, up to the limits you select.
You can be held legally liable for such events even though you didn't intend for them to happen.
If you are planning to sponsor a pregnant woman, without having sufficient financial means in case of an emergency, you may be legally liable to pay for all the charges incurred by her in a public hospital, emergency room, ambulance, or any other public utility service.
Subject to the terms and conditions of your policy, State Farm will pay those claims that you are legally liable to honor.
Bodily injury liability pays for other people's medical bills and lost wages when they're hurt in an accident you're legally liable for.
If someone is injured in your apartment or rented home due to negligence on your part, or your dog bites the mailman, you could be held legally liable for costs associated with treatment and recovery.
However, whether you're legally liable for damages or not, any legal action taken against you can pose a serious financial risk.
If your friend is found legally liable, the pedestrian could make a claim against your bodily injury coverage.
Bodily injury liability pays for other people's medical bills and lost wages when they're injured in an accident you're legally liable for.
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