Of course, you will want to be named as an additional insured on the policy so that you would be notified if it were to lapse.

As a property manager, we always recommend to any clients that have a home warranty to let them lapse. 

When a tenant moves out early, the landlord is supposed to make reasonable attempt to re-rent the place, and normally allowed to keep the deposit to cover the rent lapses in between tenants and cleaning/damage costs, and refund the remaining amount.

Realtors are sworn to adhere to a moral code and I , personally, feel that this is an ethical lapse.

The lender let the closing deadline lapse and we used the line of credit to purchase the property.

I called the community manager and she said no it is not, they let their FHA standing lapse. 85% of buyer are coming to the table as a FHA buyer so this is really going to slow down the sale of the house.Does anyone have any suggestions on how to sale this property.

I cannot charge them rent for the time that lapses between the eviction hearing and lunchroom move out.

I am a renovation contractor, albeit one with a currently lapsed registration because I will no building permits in the next year.

I often lapse into this habit since I write and peruse so many legal documents with all caps.

The ideal situation would be to have no lapse in YOUR cash flow.