Understanding Property Insurance

Author: Gerald Sherriff
Publisher: Law Society Publishing
ISBN: 9781853287435
Published In: September 2008
Format: Paperback , 368 pages
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

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Description
Contents
Author

Details

Insurance is required in any purchase, sale or lease of property by various parties to protect their interests. This book provides property practitioners with a clear and concise outline of the general law of insurance, the contract, the principles of reinstatement and subrogation, and includes a wide-ranging review of:

the main property insurance risks;
other risks relevant to certain property (e.g. defective title)
insurances on construction and development.

The author also demonstrates in dedicated chapters how these risks apply in transactions involving freehold, leasehold, commonhold and new property and highlights the possible pitfalls which may arise from insurers' common exclusions and conditions.

Practitioners will benefit from references to the case law, a full case study on reinstatement, a series of useful precedents, extracts from standard documents including the CML Lenders' Handbook, and the relevant professional rules for solicitors.

1. Property and insurance - general;
2. General insurance principles and statutes;
3. The contract of insurance and claims;
4. Reinstatement and subrogation;
5. The main property risks;
6. Other risks relevant to some property;
7. Insurances on construction or development;
8. Mortgages, trustees and personal representatives;
9. Insurance aspects of freehold;
10. Insurance and leasehold;
11. Insurance and commonhold;
12. Insurance between exchange and completion;
13. Financial services aspects for insurance;
14. Agents and Lloyds;
Appendices.

Gerald Sherriff's legal career spanned 49 years, specialising in conveyancing during the last 30 years. He was an associate with TLT Solicitors LLP and retired at the end of 2007. Gerald is author of Service Charges in Leases, Guide to Residential Tenancies, and Service Charges for Leasehold, Freehold and Commonhold, and a large number of property related articles. He has also given numerous seminars on property based topics.