Understanding the Free of Capture and Seizure Clause in property insurance policies, which excludes losses due to war, seizure, or takeover.
Learn the definition of a trespasser in legal terminology, and understand the implications of entering someone’s private property without permission.
Learn about Earth Movement in Property Insurance and how it affects homeowners and commercial property policies. Understand why dangers like earthquakes, mudslides, and sinking earth are often excluded.
Learn about Fire Legal Liability in Property Insurance, a key coverage that protects you against liability due to negligence causing fire damage to another's property.
Learn about the Broad Evidence Rule in Property Insurance. Understand how different types of evidence are used to assess the actual cash value of lost property.
Learn about the concept of attractive nuisance in legal terminology, which refers to potentially hazardous property features that appeal to children, such as a swimming pool, and the liability implications for property owners.
Learn about the term 'Licensee' in legal terminology, which refers to a person authorized to enter another's property for personal gain. Understand the property owner's responsibilities towards a licensee.
Explore the legal definition and implications of tenancies for years in real estate. Learn about the duration, ownership rights, and key considerations.
Explore the concept of Personalty, the items of property that can be moved as opposed to real property which remains stationary. Discover its significance in legal terms.
Learn the definition of 'Vendor' in general insurance terms. Understand the role of a Vendor, commonly referred to as the seller of a property, in insurance transactions.
Learn about the term 'Bailor' in legal terminology, including its definition and implications in property transfer scenarios.
Learn about the trust and commission clause in property insurance policies. Discover how this clause allows individuals to insure their share of another's property, and understand its significance.
Learn about the concept of bailment, a legal term referring to the temporary entrustment of property to another person. Understand its implications and applications.
