I know in the building of new construction we pay a ton.. and we do need it for builder defects etc.. even then.. we simply fix the problem and don't let things get out of hand..  

If you have some defects in your file you still could land up north of 90%.  

Just like an operation making widgets, you should have a plan to cut costs, improve revenue streams (productivity) and control for defects (quality) in your RE.

This one is a bit different since I have first-hand knowledge of the defect - I even helped her bail the water out several times. 

., you make the trust the grantee), you've created a defective deed with a grantee who can't legally hold title.  

Many people live in buildings that have defects, but it is not always a good idea to do so.About insurance companies... their requirements will vary.

It's interesting you're considering suing before you've submitted a claim and given the insurer an opportunity to investigate the matter and if there is indeed a covered defect and coverage, to cure it or pay your loss.A title policy is a contract between the insured and the insurer with rights and obligations on both parties. 

In the lease term, I specifically stated: landlord is not responsible for inappropriate use of toilets, and "tenant shall be charged for repair of drain blockages or stoppages, unless caused by defective plumbing parts or tree roots invading sewer lines."

They want everything cut and dried, so that down the road if you default and FNMA is looking through the file for defects so that they can make the originator buy it back, then the bank doesn't have subjective crap in the file that they can't support.Obviously some things, like certain repairs, can be alternatively capitalized and depreciated over time.

Seller has to disclose all hazards, defects, liens, mortgages... these forms are here https://azre.gov/faq-category/...Subject property is free and clear?