Want this question answered?
allows a creditor to reach property of a debtor that is in a third party's hands
Third party refers to the person or entity who buys a property at foreclosure.
It is always cheaper to buy insurance direct then through a third party. Going through a third party can have other fee's you have to pay.
A third party, regardless of the industry, is any entity or being other than the first party, which is you. Property is a "first party" insurance coverage since it covers YOUR property. Liability is a "third party" insurance coverage because it covers parties other than you who might bring a suit against your company.
This is commonly referred to in the industry as "Third Party Possess." Third parties have no rights in this matter. It is as if you loaned your property to someone else, they cannot alter it, or keep it--you loaned it to them. When the repo agency (when not if) locates the property, it will be taken. If the third party reacts in the common way and calls the police, they will do nothing, unless of course your friend gets out of control, then he may be accompanying the cops downtown.
third party are those party which given service to the company of bpo through other.
In third party car insurance policy following risks are covered: Liability when death or injury is unlimited Death or Injury caused to a third party Damage caused to third party property
Third party insurance basically protecting yourself from the actions of another persons. It covers the damage you caused to a third party only - injury, death, and/or property damage caused to a third party in the event of an accident caused by the use of the vehicle.
Trust involves giving control or ownership of property to another person (the trustee) who is expected to manage it for the benefit of another (the beneficiary), while bailment involves giving possession of property to another person (the bailee) for a specific purpose, with the expectation that the property will be returned in the same condition. Trusts are typically long-term arrangements with legal implications, while bailments are usually for a specific, temporary purpose. Trusts involve a fiduciary duty, while bailments involve a duty of care.
The transitive property states that if A is equal to B, and B is equal to C, then A is equal to C. In the context of similar figures, this property holds true. If two figures are similar, and one figure is congruent to a third figure, then the second figure is also congruent to the third figure.
An outsider with no legal interest in the property.
mobile