All Topics / Legal & Accounting / Insurance – Help please

Viewing 3 posts - 1 through 3 (of 3 total)
  • Profile photo of JULES1JULES1
    Participant
    @jules1
    Join Date: 2003
    Post Count: 147
    April 18, 2005 - 3:18 am

    Hope you can help with this one. I have put down a deposit on a house and settle in a couple of months. Is it my responsibility to insure the house right now. I thought it would be my responsibility after I settle, ie from settlement date.

    Someone said get it insured now, but I hae 2 and half nmonths yet before I own it.

    Hope you can help

    Juls[blink]

    JULES1
    Email Me

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    April 18, 2005 - 5:12 am

    Yes, you should insure after exchange of contracts.

    Terryw
    Discover Home Loans
    Mortgage Broker
    North Sydney
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of JULES1JULES1
    Participant
    @jules1
    Join Date: 2003
    Post Count: 147
    April 18, 2005 - 5:18 am

    Terry
    sorry new at this. I have signed the contract and put down a deposit. Are you saying to insure the house now and not wait for the settlement in a few months??

    Juls

    JULES1
    Email Me

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.