Perhaps a little more information is needed to answer your question. Technically, if the home is listed in three names, then I would recommend insuring the property in the same three names. This would also mean that any claim checks will be issued in the same three names and that all three need to sign the application if not husband and wife.
Yes it would be advisable that all owners be listed so as to insure that all parties are fully protected under the insuring contract.
No. Each owner must purchase their own title insurance.
Yes. All title officers need a license in NJ
Title to real property is transferred to a new owner by a written document called a deed. Title insurance cannot be transferred to a new owner. Each owner must purchase their own title insurance.
Yes, but the branded title must state that the car has been restored or repaired.
In order to refinance even in one persons name, anyone else who is on title must be present at closing. You can't legally refinance a home unless all people on title are present at closing. In any case names on a loan do not directly reflect names on title, you can have one person on a loan and 5 people on title.
Only to the extent that the person must have an insurable interest in the car. If I transferred title to you on my car I can no longer insure it since I have no insurable interest in the car. If you transferred title to your child who still lives at home you could continue to insure it.
In NJ you must have a title insurance producer's license in order to effect or sell title insurance. A "resident" producer's license is for someone residing (a resident) in the state of New Jersey. A "foreign" producer's license would be someone living outside of NJ, but effecting or selling title insurance. A licensed title producer can: perform title examinations, prepare title commitments/binders, give title insurance quotes, sell title insurance products/services, perform real estate closings/settlements and issue title insurance policies. Anyone receiving title insurance commissions must be licensed, including attorneys. A non-licensed person working in a title agency may perform administrative acts only that do not involve the above, which are considered "effecting and selling" title insurance. A resident producer is licensed bi-annually and required to take Continuing Education during each licensing period.
You must have a financial (insurable) interest in a car in order to insure it. It works the same way with home insurance. You must own the home in order to insure it. Thus, whoever owns the car and has the title is the only person who can insure it.
It depends on the state. In some states, where there are no licensing requirements to be a title agent/title agency, anyone can sell and effect title insurance without any special requirements or licensing. Other states require specific title licensing (like New Jersey), and an attorney must also have a title license in order to effect and sell title insurance. Additionally, states like MA require that in order to be a title agent, you must be also be an attorney. Check with your state's licensing requirements for specific details.
To find the cheapest home insurance you must compare rates of different insurance companies. The rates for you will be individually determined. You can access many insurance company websites online.
Depends on the state. Generally if a state has compulsory auto insurance, and the car is registered/has plates/is legal to drive, you must have auto insurance for it.
Home contents insurance protects your personal valuables inside your home. For example, home furnishing, clothing, and appliances are all considered home contents and must have value.