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Insurance - the hidden pitfalls

Albery, P.

Insurance - the hidden pitfalls - 1997 - Facilities Management 4(4) April 1997, 20-21(2) .

Discusses what happens when a commercial property is severely damaged after contracts have been exchanged but before completion. Looks at the insurance implications and considers who is liable for the reinstatement of the building.

Subjects--Topical Terms:
PROPERTY-COMMERCIAL PROPERTY
COMPLETION
DAMAGE
EXCHANGE OF CONTRACTS
FACILITIES MANAGEMENT
LAW OF PROPERTY ACT 1925 S47
PROPERTY SALES
REINSTATEMENT
STANDARD CONDITIONS OF SALE
VENDOR AND PURCHASER

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