Make sure you check with your broker about the rules on that and how the listing agreement needs to be arranged or worded to fit local mls policies and/or broker policies.

Primarily; a court may see the transference of money as an attempt to circumvent the secured claims of your vendors that most likely exist, and such transfers could potentially be declared void.I'm sure there are other types of attorneys out there who have similar aversions to this kind of transaction policy, so I would recommend seeking legal counsel first, someone licensed in your own state.DISCLAIMER: Above for educational purposes alone.

The funny thing is the lender, IMO, was justified for requiring to be named insured on a replacement hazard insurance policy.

What is required nowadays for nonres-rental policy?

I will need to give the insurance agent the name of the lender so that he'll be insured in case of any type of liability-Once I have the policy, have it send (along with the Title Policy) to the lender's attorney, so she can prepare the loan documents.Step 14: Close the Deal-At closing, I'll sign a Closing Statement showing all the fees involved in the transaction (for attorneys, title insurance, survey, etc.)

jlperdue,being up front and honest is the best policy.

Wow Tony: either you are in one heck of a healthy sub-group, or your policy doesn't pay anything, or Delaware has really tough insurance regulation!

Policy makers have responded by imposing higher regulatory burdens on landlords.

It is a better coverage for the policy holder than "Actual Cash Value" (ACV).

If by house, then how to categorize things that apply to both houses like tool purchases or say, an umbrella policy?