Sentences with phrase «nonpayment of»

Proposed comment 37 (c)(1)(i)(C)-1 would have stated that «mortgage insurance» means insurance against the nonpayment of, or default on, an individual mortgage, and that, for purposes of proposed § 1026.37 (c), «mortgage insurance or any functional equivalent» would have included any mortgage guarantee that provides coverage similar to mortgage insurance (such as a United States Department of Veterans Affairs or United States Department of Agriculture guarantee), even if not technically considered insurance under State or other applicable law.

For details, see Indiana Termination for Nonpayment of Rent and Other Rent Rules.

● Carefully screen your tenants or hire someone to screen them to avoid issues with nonpayment of rent or too many vacancies.

There are four reasons in Virginia that a tenant can be evicted under both the VRLTA and under common law: 1) Nonpayment of rent, 2) Noncompliance with the lease that can be remedied, and 3) Noncompliance of the lease that can not be remedied or recurrent violations, and 4) Violation of the law.

Other more general MAPs Rule requirements that also are important for reverse mortgage advertising include not making a material misrepresentation regarding: (i) the potential for default under the mortgage, including misrepresentations concerning the circumstances under which the consumer could default for nonpayment of taxes, insurance, or maintenance, or for failure to meet other obligations; (ii) the effectiveness of the mortgage in helping the consumer resolve difficulties in paying debts, including misrepresentations that any mortgage can reduce, eliminate, or restructure debt or result in a waiver or forgiveness, in whole or in part, of a consumer's existing obligations with any person, or (iii) that the mortgage is or relates to a government benefit, or is endorsed, sponsored by, or affiliated with any government or other program, including through the use of formats, symbols, or logos that resemble those of such entity, organization, or program.

The district court's decision, which approves nonpayment of assessments by owners, leaves the Association property vulnerable to levy and execution of the judgments.

In a high - profile case in Calaveras County, a homeowners association, exercising its right to nonjudicial foreclosure, auctioned off the home of one of its members — for nonpayment of association dues — at well below its appraised value, according to American Homeowners Resource Center, an association watchdog group.

When the National Association shall have entered into a membership agreement with any state association complying with the provisions of this Article, any local board or individual holding primary membership in a local board within the territory of such association shall not be elected to membership in the National Association unless such board or individual shall be a member of such state association, and Member Boards of the National Association within the territory of such state association shall, as a condition of continued membership in the National Association, maintain membership in such state association; provided, however, that the National Association shall reserve the right of review on the application of any local board refused membership in a state association and of retaining as a Member Board in the National Association any local board which resigns from a state association or which is expelled from such association for any cause other than the nonpayment of dues on a parity with other Member Boards in such state; and provided further, that any state association may, upon so notifying the National Association, also reserve the right of review on the application of any local board refused membership in the National Association and of retaining as a Member Board in such state association any local board which resigns from, or is expelled from, the National Association for any cause other than the nonpayment of dues to the National Association on a parity with other Member Boards.

«A provision in the Bylaws of a Board which offers the opportunity to a former Member having been dropped for nonpayment of membership dues during the current fiscal year to be reinstated without reapplication and payment of an application fee, but requiring payment of all past due accounts and payment of membership dues for the entire fiscal year, is not an inequitable limitation upon membership.»

Other visitation issues arise in cases of nonpayment of child support, child neglect or abuse, and intervening grandparents or other family members.

Financial child support and access (visitation) are legally independent obligations which generally disallow nonpayment of child support for denied access, or denied access for nonpayment of child support.

Most companies require authorization and failure to notify us may result in nonpayment of your claims.

A noncustodial parent can't get in trouble for nonpayment of support until a divorce decree is issued by the court, legally obligating him to pay child support.

However, nonpayment of child support generally is not a reason for a court to order supervised visitation instead of unsupervised visitation.

For informing clients regarding the termination of service due to nonpayment of bills or other undesirable circumstances, our service termination letter templates are a useful tool which lets you professionally address the matter and ask to clear outstanding dues, highlight contract references and elaborate on the issues that led to the decision.

It is used to explain your financial situation and the reasons for the delayed or even nonpayment of the monthly payments such as in the case of mortgages.

Disconnected service for nonpayment of charges or vacant premises, or turned on services for new customers.

A formula is applied to your credit score to help determine what is known as an insurance score, and that is used in setting your premiums by assessing the risk you pose of such things as nonpayment of your policy and other financial indicators.

When the cash value has been exhausted, the policy is subject to lapse for nonpayment of premium.

If a Life Policy was issued in February 2008, lapses 3 years later for nonpayment of premium and is reinstated in June 2011, resulting in new renewal dates and a new two year contestability period, will the policy pay benefits for «suicide» during this period since the original policy is over 2 years old?

Term insurance does not accrue cash value, so if it is canceled or lapses for nonpayment of premium it terminates, coverage ends.

If the policy has lapsed due to nonpayment of premiums, death benefit is not payable.

If your payment history includes instances of nonpayment of your insurance premium, you may have to pay 100 % of your premium up front.

Late Payment or Nonpayment of Premiums.

If your policy was canceled due to nonpayment of your premium or for traffic offenses, such as excessive tickets, it's unlikely your car insurance company will be willing to reinstate your coverage.

The resumption of coverage under a renters insurance policy that has seen a lapse in coverage due to nonpayment of the premium past the end of the grace period.

Withdrawals or loans in excess of the cost basis create a taxable event if the policy is later surrendered or lapses for nonpayment of premium (or insufficient cash value due to accrued interest on loans).

Your term life insurance policy also guarantees that you can reinstate it should it end up in a state of lapse because of nonpayment of premiums.

If you do, there could still be a chance your contact could lapse due to nonpayment of the life insurance policy premiums.

There is also no apprehension of the policy lapsing for nonpayment of premium because everything required to be paid by the policyholder was paid at the point of policy initiation.

The resumption of coverage under a policy that has lapsed because of nonpayment of the premium after the grace period has ended.

The Insurance Commissioner indicates that your insurance company may cancel you for nonpayment of a premium, even if the payment is just one day late.

Again, this depends on your specific car insurance company and / or the state you reside in, but some of the most common penalties for nonpayment of premiums include:

The ISO cancellation clause permits the insurer to cancel your policy for nonpayment of premium or for any other reason.

For example, suppose a policy provides 90 days» notice of cancellation for any reason other than nonpayment of premium.

If a policyholder has selected the automatic premium loan provision, a loan would automatically be taken against the cash value of the policy to pay the premium in the event the policy was about to lapse for nonpayment of premium.

If the plan's coverage lapses for any reason, like nonpayment of a premium, all of the premium payments are lost and the insured person is left with nothing.

After 60 days, your insurer may only cancel for certain approved reasons, such as nonpayment of premium or losing your driving privileges.

We believe this cost is justified because SHOPs are best positioned to provide meaningful notice regarding terminations due to loss of eligibility and nonpayment of premiums in a timely manner, while issuers are best positioned to provide meaningful notice when coverage is terminated due to a rescission in accordance with § 147.128 or when the QHP is terminated, decertified, or its certification is not renewed.

To aid in verification of special enrollment period eligibility, one issuer suggested implementing an online directory for issuers of consumers who have been terminated due to nonpayment of premiums.

Lapse in Coverage (Policy Lapse) is a break in insurance coverage when a policy has been canceled or terminated due to nonpayment of premium.

In the matter of Wade H. McCree, a judge was presiding over a case regarding the nonpayment of child support.

In January 2018, without prior notice, the Civil Aviation Authority of the Dominican Republic suspended PAWA's operations for a period of 90 days, alleging nonpayment of airline and airport fees, leaving thousands of passengers stranded all over the Caribbean.

The Court of Appeal for the Yukon Territory had held that the court had no jurisdiction to refuse a withdrawal for nonpayment of fees, in part, because the legal profession is self - governing and that the provincial and territorial law societies have primary responsibility over lawyer regulation.

And anyway, the Canadian government repossessed all the land back in 1965 for nonpayment of $ 37.20 in property taxes.

Nonpayment of rent on the day it is due.

, a non-filing spouse will not receive the benefit of his or her spouse's discharge of a joint debt and the account history of a joint debt will reflect any delinquency or nonpayment of the joint debt by the parties.

Provides no defendant shall be incarcerated after a final hearing for nonpayment of an assessment or nonperformance of community service unless counsel has been appointed for a defendant who is indigent or such defendant has executed a valid waiver of counsel for the final hearing.

The American Bar Association recently published Formal Opinion 476, entitled «Confidentiality Issues when Moving to Withdraw for Nonpayment of Fees in Civil Litigation.»

While the LSUC has a disciplinary role and administrative one such that I can be suspended for nonpayment of fees eg or misconduct or disbarred, is there a «licence» to be suspended?