Lawzonline.com

 
 

 


   
   

 

 

49. Transferee's right under policy.- Where immovable property is transferred for consideration, and such property or any part thereof is at the date of the transfer insured against loss or damage by fire, the transferee, in case of such loss or damage, may, in the absence of a contract to the contrary, require any money which the transferor actually receives under the policy, or so much thereof as may be necessary, to be applied in reinstating the property.

   
   
   
   
 

 

 

Central Bare Acts

  State Bare Acts
   
 

 

 

 

 

   
   
 
   
 
 

Home | Legal Dictionary | Law Schools | Law Digest | Bare Acts | Disclaimer |  Contact Us | Useful Links

Partner Site: E-Magazine | Articles | Fun zone | Lawyers jokes | Short stories

 
   
   
   
 

 

 

Copy right : Indu Info (All rights reserved)