Buyer Conversion Coverage is Seller Coverage that has converted to benefit a home buyer after closing of the applicable real estate transaction for the Covered Property. • “Commercial-grade” Items are those that were designated by the manufacturer, manufactured and primarily marketed for installation and use in commercial operations.
Examples of Buyer Conversion Coverage in a sentence
Where permitted by state law, Buyer Conversion Coverage, Buyer Direct Coverage, Open Direct Coverage or New Home Coverage may automatically renew at the sole and exclusive option of the Issuing Company for successive twelve (12) month(s).
Buyer Conversion Coverage Seller Coverage that has converted to Buyer Coverage after closing of the Covered Property, is effective on the date of closing of the applicable real estate transaction.