We will also receive notice if there is any risk of a lapse in coverage so it provides you with a second set of eyes protecting your property.2.

I am not going to babysit them and make sure they carry current insurance and many contractors will let their policies lapse so they may have it at the time their start work for you but are you really going to check it every month?

You'll only have a small loan to the bank and you'll only need to make minimum payments on your credit card until the time lapses. 

Be prepared that you'll be going to court for eviction for lapse of time, because this one's not gonna go quietly.What's the housing court climate like where you are? 

I haven't had any lapses during tenant move outs and tenant move ins yet.

After the contingency period had lapsed, they furnished my team with more documents that contradicted what they initially provided.

Typically for permits you need work and comp and general liability insurance and if those lapsed he won’t be able to pull anything.

The license went inactive and lapsed for not meeting CE Requirements in June of 2015.

Myers has lapsed due to my oversight, and the company is not interested in reinstatement.Can anyone recommend an agency / company that can help me?

There are no tax consequences to the grantor until the option lapses or is exercised.If the option lapses (that is, the holder chooses not to buy the real estate), the grantor has income equal to the amount paid to him or her for the option.If the option is exercised by the holder (that is, the holder buys the property), the sale proceeds for purposes of determining the grantor's gain or loss on the sale of the real property includes the amount the grantor received for the option.The grantor's tax deferral can only be achieved if the agreement is a true option.