Sentences with phrase «property against defects»

Title Insurance is an indemnification policy which insures real property against defects in the title and invalid or unenforceable mortgages.

Not exact matches

Title Insurance Insurance that protects a policyholder against defects or omissions on a property title.

Nevertheless, you need to understand that title insurance will not protect you against title defects that are known to you before you purchased the property.

A deed in which the grantor conveys title to the grantee and agrees to protect the grantee against title defects or claims asserted by the grantor and those persons whose right to assert a claim against the title arose during the period the grantor held title to the property.

Protects lenders or homeowners against loss of their interest in property due to legal defects in title.

Insurance that protects the lender (lender's policy) or the buyer (buyer's policy) against loss or defects that affect the ownership of the property.

Title Insurance: Title insurance protects a real estate owner or lender against any loss or damage they might experience because of liens, encumbrances, or defects in the title to the property, or the incorrectness of the related search.

4) You are told that FHA insurance protects you against loan fraud or property defects - When in fact it does not.

Defended a major U.S. - based automobile manufacturer in claims of property damage arising from vehicle and structural fires, and against insurance subrogation actions alleging design, manufacturing, and warning defects

It is intended to protect an owner's or a lender's financial interest in real property against loss due to title defects, liens or other matters.

Title insurance is a form of indemnity insurance which insures against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage liens.

Where a seller makes representations or warranties that the property does not contain those defects, the buyer may have a claim against the seller for any losses or damages resulting from the defect.

When someone is injured on the property of another party due to some defect or hazard on the property, they may file a South Florida premises liability lawsuit against the landowner, seeking compensation for their injuries.

Recent instructions include: • Acting as Junior Counsel to Roddy Dunlop QC in a seven figure claim relating to failure by solicitors to obtain a standard security in relation to loan funds advanced by a commercial lender • Acting as Junior Counsel to Alistair Clark QC (as he then was) on behalf of the pursuers, a major commercial lender, in pursuing seven figure negligence claims against solicitors and surveyors relating to their advance of loan funds for the purchase of commercial property • Acting as Junior Counsel to Heriot Currie QC for one of the defenders (a firm of architects) in a seven figure multi-party claim relating to construction and design defects at a major shopping centre • Acting as Junior Counsel to Alastair Duncan QC for one of the defenders in a claim against both solicitors and counsel relating to alleged negligence by family lawyers relating to the preparation of a settlement agreement • Acting as sole counsel for the pursuer in a claim against solicitors for allowing the time bar of her clinical negligence action against a health board

Obtain clear title by ordering title reports; resolving title defects; satisfying existing liens and encumbrances against property or principals.

Also, the real estate representative, who served as representative for both buyers and seller, sent a statement to the purchasers indicating that they were waiving any potential claims regarding structural defects against the listing agency, selling representative, and owner of the property.

«Most of the litigation brought against licensees is for failure to disclose some material defect involving the value or desirability of the property.

A Florida appellate court has considered whether a purchaser's lawsuit adequately stated claims against a listing broker for failing to disclose latent defects on the property.

Both homebuyers and lenders need title insurance in order to be insured against various possible title defects on a property.

It is meant to protect an owner's or lender's financial interest in real property against loss due to title defects, liens or other matters.

Title Insurance Title insurance protects a real estate owner or lender against any loss or damage they might experience because of liens, encumbrances, or defects in the title to the property, or the incorrectness of the related search.

According to Wikipedia, «Title insurance is a form of indemnity insurance predominantly found in the United States which insures against financial loss from defects in title to real property, and from the invalidity or unenforceability of mortgage loans.»

Protects lenders or homeowners against loss of their interest in property due to legal defects in title.

Owner's title insurance protects purchasers of real estate against title defects that may exist on the property.

For example, if a buyer purchases a condo on Miami Beach, only to discover after he or she moves in that the condo's central air conditioning does not adequately cool down the property, then he or she has a warranty claim against the seller because a latent defect (a hidden defect) caused a failure of the ac unit to meet ordinary, normal standards reasonably to be expected of a condo of comparable kind and quality.

Protects lenders and homeowners against loss of their interest in property due to legal defects in the title.

• You are told that the Federal Housing Administration insurance protects you against property defects or loan fraud - it does not.

Getting the title insured protects you against another person claiming the property, fraud, liens, and other possible defects.