Minimise the risks
Mellor, A
Minimise the risks - 2001 - Estates Gazette (0142) 20 October 2001, 132-133(2) .
Feature on how legal indemnity insurance can protect developers and investors against property title defects. Looks at the two different types of policy, conventional and title, what they provide, and the risks they protect against which include financial losses, abortive costs and alterations, demolition and reinstatement. Outlines factors to consider when deciding whether insurance is appropriate, the practicalities in arranging insurance and the cost of obtaining indemnity cover. Concludes that indemnity insurance can solve problems that may otherwise prevent developments.
INDEMNITY INSURANCE
PLANNING ISSUES
TITLE INSURANCE
RISKS
COSTS
FINANCIAL LOSS
PROPERTY DEVELOPMENT
INSURANCE POLICIES
Minimise the risks - 2001 - Estates Gazette (0142) 20 October 2001, 132-133(2) .
Feature on how legal indemnity insurance can protect developers and investors against property title defects. Looks at the two different types of policy, conventional and title, what they provide, and the risks they protect against which include financial losses, abortive costs and alterations, demolition and reinstatement. Outlines factors to consider when deciding whether insurance is appropriate, the practicalities in arranging insurance and the cost of obtaining indemnity cover. Concludes that indemnity insurance can solve problems that may otherwise prevent developments.
INDEMNITY INSURANCE
PLANNING ISSUES
TITLE INSURANCE
RISKS
COSTS
FINANCIAL LOSS
PROPERTY DEVELOPMENT
INSURANCE POLICIES