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Who is responsible if an insurance company insures the same property twice in the same claim period varies depending on the structure of the contract. If a person signs two separate contracts, there could be two policies issued for that same property. If there was only a single contract signed, it might be the insurance company who is responsible.
Yes. One of the debts will be subordinate to the other, but you can have multiple liens on property.
it doesn't know what to with itself, so it implodes.
Why good sir, it doubles!
The area is now twice the original value
probs just fate..
You will be f*cked for the future. You are also very stupid.
Nothing happens if you see the same thing twice. People who are said to have already experienced something before it actually happened are said to be having deja vu. This means a person is doing something or seen something they feel they've already done before.
A quit claim deed could be used. A Quit Claim Deed is a deed that transfers without warranty whatever interest or title a grantor may have at the time the conveyance is made It conveys to a Buyer only what the Seller actually owns, if anything, and provides no guarantee from the Seller to the Buyer that the Seller has any interest in the property to convey. The rule to follow for a person accepting a quit claim deed is "Buyer beware". If it later turns out that the Seller's rights to use the property are encumbered by another person's interest in the property, the Buyer is out of luck and has no recourse against the Seller. A Different Opinion: I have seen similar conveyances executed by two simultaneous deeds. Each granting party conveys their property "for the consideration of" the other party's property. In other words, they swap property in lieu of a monetary figure. It's quite common. Deeds are generally executed and recorded on the same day. Any attorney could easily prepare such a transaction.
All that happens is that the universe gets to ignore you twice.
Banks do not know that the same check number is being paid twice until you the customer advises them of an error that may require them to research the transactions. If the check number in question is the one that was used twice, it might cause problems/delays in resolving the issue.