Homeowner’s Insurance. If the Property is residential, the Grantee shall provide proof of a current homeowner’s insurance policy that includes coverage for fire and hazard for the duration of this Agreement.
Homeowner’s Insurance. Completion of this transaction shall be contingent upon the Buyer's ability to 154 obtain a favorable written commitment for homeowner's insurance within 14 days after acceptance of this 155 Agreement. Buyer should consult with one or more insurance agents regarding optional, or additional, coverage. 156 157 M. ENVIRONMENTAL CONTAMINANTS ADVISORY/RELEASE: Buyer and Seller acknowledge that Listing Broker, 158 Selling Broker and all licensees associated with Brokers are NOT experts and have NO special training, knowledge or 159 experience with regard to the evaluation or existence of possible lead-based paint, radon, mold and other biological 160 contaminants ("Environmental Contaminants") which might exist and affect the Property. Environmental Contaminants 161 at harmful levels may cause property damage and serious illness, including but not limited to, allergic and/or respiratory 162 problems, particularly in persons with immune system problems, young children and/or the elderly. 163 164 Buyer is STRONGLY ADVISED to obtain inspections (see below) to fully determine the condition of the Property and its 165 environmental status. The ONLY way to determine if Environmental Contaminants are present at the Property at 166 harmful levels is through inspections. 167 168 Buyer and Seller agree to consult with appropriate experts and accept all risks for Environmental 169 Contaminants and release and hold harmless all Brokers, their companies and licensees from any and all 170 liability, including attorney's fees and costs, arising out of or related to any inspection, inspection result, 171 repair, disclosed defect or deficiency affecting the Property, including Environmental Contaminants. This 172 release shall survive the closing. 173 174 N. INSPECTIONS: (Check one) 175 176 Buyer has been made aware that independent inspections disclosing the condition of the property may be 177 conducted and has been afforded the opportunity to require such inspections as a condition of this Agreement. Produced with zipForm® by zipLogix 00000 Xxxxxxx Xxxx Xxxx, Xxxxxx, Xxxxxxxx 00000 xxx.xxxXxxxx.xxx
Homeowner’s Insurance. Master Tenant is required to maintain a homeowners’ policy on the Premises at all times. All payments for losses under such insurance will be made solely to Master Tenant (or if approved by Master Tenant to its assignee or sublessee) or, if applicable, to the Fee Mortgagee (as required under the Fee Loan Documents), subject to the terms of any subordination, non‑disturbance and attornment agreement between Master Tenant and Fee Mortgagee, as their interests may appear, for restoration.
Homeowner’s Insurance. Homeowner’s Insurance coverage for the replacement value of your home must be secured at the Homeowner’s expense for the term of this Agreement. The replacement value of your home could be more or less than the value of the Grant. Therefore, the replacement value will be accepted at the value set by your insurance carrier to replace your home.
Homeowner’s Insurance. Completion of this transaction shall be contingent upon the Buyer's ability to obtain a favorable written commitment for homeowner's insurance within days after acceptance of this Agreement.
Homeowner’s Insurance. During the term of this Agreement, Owner, at its sole cost and expense, shall carry and maintain adequate liability, property and casualty insurance on the Property. Such insurance shall have liability coverage in the amount of at least $500,000.00 per occurrence. Owner shall provide Rental Agent with a Certificate of Insurance stating that the insurance policy is in force and effect and cannot be cancelled without at least sixty days prior notification by the insurer. It is recommended that the Owner speak with its insurance agent about content, renters, and loss of revenue coverage.
Homeowner’s Insurance. Owner shall obtain liability insurance for the Project Site on which the Work will be done. This coverage can be purchased via a stand alone general liability policy or Owner’s current homeowner’s policy can be endorsed to extend liability coverage for the Project Site. The following items are incorporated into the terms and conditions of the Contract:
Homeowner’s Insurance. The Homeowner shall be responsible for purchasing and maintaining an active Homeowner’s Insurance Policy that fully covers the Property throughout the duration of this Contract. The Homeowner is responsible for communicating any and all information that the Homeowner’s Insurance Company may need to underwrite and issue a policy during the construction project. The Homeowner understands and agrees that it is their responsibility to secure any and all insurance to project their property.
a. Builder’s Risk Policy. The Homeowner understands that if the home is unable to be lived in at any point of the construction phase that they are required to purchase and maintain a Builder’s Risk Insurnace Policy for the Property unless they are able to provide written proof from their Insurance agency that their Homeowner’s Insurance Policy will supersede Builder’s Risk and that they will continue insuring the Property during the uninhabitable phase of construction. Contractor- Initial Borrower - Initial Initial
Homeowner’s Insurance. It has been determined in most cases that homeowners insurance, including liability coverage for your home and site is available for manufactured housing at reasonable rates, therefore is required. The tenant may be required to provide management with a copy of their Insurance Binder. Pollution coverage is urged due to the fact if tenant should be negligent in the care of their oil tank and a leak or spill occurs, tenant could be held responsible for costly clean up.
Homeowner’s Insurance. No insurance is provided by City under this contract to cover Owner. City recommends that Owner obtain a homeowner’s insurance or other comparable policy that is sufficient and adequate to produce Owner’s interests and/or liabilities.
