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Insurance - beneficial interest but not the legal owner (so to speak)
Grizebeck
Posts: 3,967 Forumite
If someone has a beneficial ownership in a property (of what ever %) up to 100% but their name is not on the title is there any issue with them obtaining buildings insurance rather then the one with the title deeds in their name
I would not have thought so as they have an insurable interest?
I would not have thought so as they have an insurable interest?
0
Comments
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It is in your Interests to insure the property and I am sure the Insurers don't care who pays the premiums.
Make sure you insure the buildings and contents for the correct amount.1
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