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Once a contract is signed the agreement is binding on all parties. It can only be revoked or cancelled by all the same parties.

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16y ago

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How does mortgage insurance protect a homeowner?

Mortgage insurance protects a homeowner in one of two ways depending upon what type of insurance it is. Mortgage insurance is one of two types. Mortgage life insurance pays off the mortgage in the event of death. Payment protection covers job loss or disability of homeowner.


What is the time period to pay off a homeowner secured loan?

There are two types of homeowner secured loans. One is a second mortgage. The other is a cash out refinance. In both cases, the pay off timetables are identical to regular mortgages, typically fifteen or thirty years.


Do all states require a homeowner to carry homeowners insurance even afer a house is paid off?

No, Not a single one of them. There is no legal requirement in the U.S.A. for homeowners insurance. If there is still a mortgage on the home though, insurance is almost certainly required by the mortgage contract, but this is a contractual obligation, not a legal requirement.


Is assumed name legal in contract?

Yes, an assumed name, also known as a "doing business as" (DBA) name, can be used in a contract if the business is properly registered under that name. However, it is important to ensure that the legal name of the entity is clearly stated in the contract to avoid any confusion or disputes.


What is contract staffing?

"Contract Staffing" as the name suggests is way of recruiting required manpower on contract. This contract could take place between one company and one individual or between two companies (client company and staffing company).


Where can one get credit as a homeowner?

It is not clear if one is looking to become a homeowner and is looking for credit or if one is a homeowner and is looking for credit. If one is a homeowner and requires credit one can apply for a home equity loan where money is lent based on the equity in one's home. If one is looking to purchase a home and requires a home buyer loan these are available from local lenders such as Royal Bank, Scotiabank or TD Canada Trust.


What does hoas means?

==One Answer== Homeowner's Associations


Can you remove A CO signer name after six months?

No, one can not remove a cosigner from any contract after 6 months. The cosigner will have to stay on the contract until the contract is paid.


Where does the apostrophe go in Homeowner's insurance or homeowners' insurance?

The first one. It depends if you're talking about a homeowner or multiple homeowners. If you're referring to one person, it's homeowner's, but if you're referring to homeowners (plural), then it's homeowners'.


Is Wife responsible for mortgage if name not on it?

No. No one is responsible for a contract they didn't sign.


How many cats should a homeowner have?

two or one


If only one person has signed a contract and cosigner has not signed yet can you redo the contract so it's only under the cosigner's name so that you get a better APR?

Yes, you can rework the contract under only one name. Ask the dealer to rework the deal as long as the cosigner can qualify by themselves.