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Time to take cover?

By: Contributor(s): Language: English Series: Property Week ; 64(23) 11 June 1999, 42-43(2)Publication details: 1999Subject(s): Summary: Looks at the insurance situation during the period following exchange of contracts and before completion. Asks whether purchasers should take out their own insurance to cover the property, or whether they can rely on the contracting purchaser's interest clause, and looks at the possible effects of the Standard Commercial Property Conditions, to be published shortly.

Looks at the insurance situation during the period following exchange of contracts and before completion. Asks whether purchasers should take out their own insurance to cover the property, or whether they can rely on the contracting purchaser's interest clause, and looks at the possible effects of the Standard Commercial Property Conditions, to be published shortly.