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That is completely up to the owner and the people of the household. One can do that they please and everyone has a different way of making their decisions on a subject like that.
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∙ 12y ago
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What is a house mortgage?
A mortgage is a loan from a bank used to purchase real estate. Until the loan is paid off the bank has a lien on the property. The property cannot be sold or refinanced until that mortgage is paid.
Can a bank foreclose if you dont pay on a second mortgage?
Yes. The bank could foreclose and take possession of the property subject to the first mortgage.
Are you required to have auto insurance on a car that you dont drive?
If the car if financed, the lender will require you to insure it. If you own the car, and don't drive it, you are not required to have insurance.
What if you dont have insurance?
If the law requires you to have insurance (Auto Liability) or someone else does (your mortgage company, your auto lender) you could be in hot water if you don't have it. Otherwise, you don't have to have insurance.
Is jet ski insurance required in Texas?
im not quite sure i dont think so
Is there an insurance company that provides insurance for buildings and their contents?
There are several insurance companies that offer insurance for busineses much like yours. Progressive, Allstate and Geico are just some examples. Also, you can get insurance on the property and the valuables even if you dont own the property and depending on your residence you can recieve a tax credit as a business expense.
Is a home covered by insurance if you dont live there?
If you have a policy, then it should. Some coverages will be limited since you do not live there such as personal property.
Can a car be repossessed for not having tags?
No, only when you are required to have full coverage insurance and you dont, and the obvious that you do not make a payment.
In the state of Ohio if you are in an accident on private property cops come and no one is cited at fault and u dont have insurance can you be forced to pay out of pocket?
Yes
Getting education loan for 7lac should you submit any property?
You dont need to submit your property for loan amount upto 7 lacs but you need a guranter Guranter may be your uncle,neighbour or your parents (any trusted person). For the loans above 7 lacs you need to mortgage your property .
Can you get insurance?
no i can not get insurance and i dont like insurace...
What are your options if your private property was damaged by someone else during an auto accident?
file and pursue a claim or dont. If you do file , file a police report, get a copy of the report and have your property insurance company pursue the claim against the insurance company covering the party or parties involved in the auto accident
