Insurance is the "pound of cure."

the previous owner had an unpermitted detached garage on the lot. i need some feedback on how to handle curing this with DBS.  

How much work are you talking about and what is the cost to cure?

If Assignor defaults under this Agreement and such default is not cured within five (5) days after notice, Assignee shall have the right to terminate this Agreement.

I know, everyone is gonna cry "but the cure is almost here", yeah, and so is Jesus, and loosing that 10lbs from 19 holidays ago, and one and on and on.

No, the insurance co. is not required to find/cure some possible preexisting defect.

Typically you would give them a non compliance notice with time to cure.

@Andrew Rosenbaum Just remember the lease survives the sale of the home and that there is a cure period in an eviction process (not that the tenant could cure the past rents... or that you want them to!). 

Also, I have been told that there is a curing period since I purchased the house so cheap to see if rent is stabilized.

Carol,You are missing the following important numbers:Annual Property TaxesAnnual Property InsuranceLandlord Paid Utilities - If applicable HOA - If applicableKnow your cost to CURE: Cosmetic - Light rehab - Heavy rehab**Side note, always get start and ending date of leases**