Nevada property - Study guides, Class notes & Summaries

A claimant occupying only a portion of land may gain title to the whole tract by adverse possession if there is a reasonable proportion between the portion occupied and the whole tract and the claimant has __________ the whole tract. Color of title to If a landowner comes under a disability to sue after an occupier enters into adverse possession, the statute of limitations: continues to run Someone who does not __________ may still acquire the property by adverse possession if he has p...

The removal coverage that is included in the broad form dwelling policy will cover property temporarily removed from the premises to protect it from damage for how long? a) 5 days b) 15 days c) 30 days d) 60 days correct answers c) 30 days The commercial property declarations page contains which of the following information? a) Interline endorsements b) Cause of loss forms c) Description of the property insured d) Common policy conditions correct answers c) Description of the proper...

Nevada Secretary of State - Notary Exam Latest Update Graded A In addition to your official signature and stamp, all notarial wording must include: The name of the person for whom the notarial act was performed. If your employer paid for your commission, journal and Notary stamp and you leave that place of employment, you must take your: Commission certificate, journal and stamp with you. Every journal entry you make must include: The type of notarial act you performed. For you ...

Agreed value - Property policy with a provision agreed upon by the insurer and insured as to the amount of insurance that represents a fair valuation for the property at the time the insurance is written. At the time of a loss, the policy pays the agreed value as specific on the policy schedule, regardless of the insured property's appreciation or depreciaion. Absolute liability - Any conduct that is inherently dangerous (swimming pools, explosives, wild animals) imposes absolute liability...

Nevada Property & Casualty Exam Questions and Answers 100% Pass Agreed value - Answer- Property policy with a provision agreed upon by the insurer and insured as to the amount of insurance that represents a fair valuation for the property at the time the insurance is written. At the time of a loss, the policy pays the agreed value as specific on the policy schedule, regardless of the insured property's appreciation or depreciaion. Absolute liability - Answer- Any conduct that is inherent...

Nevada Property & Casualty Exam Questions and Answers 100% Pass Agreed value - Answer- Property policy with a provision agreed upon by the insurer and insured as to the amount of insurance that represents a fair valuation for the property at the time the insurance is written. At the time of a loss, the policy pays the agreed value as specific on the policy schedule, regardless of the insured property's appreciation or depreciaion. Absolute liability - Answer- Any conduct that is inherent...

Nevada Statutes And Regulations For Property And Casualty Insurance policies that have been in effect for at least ___ days/ that have been renewed cannot be canceled by the insurer before the expiration of the agreed term or ___ year from the effective date of policy/renewal ️️70 days; 1 year What is the "endorsement" for earthquake coverage in Nevada property insurance, and why is it important? ️️ Earthquake coverage is not typically included in standard Nevada proper...

A insurance binder is effective for no more than - ANSWER 90 Days Mr. Underwood gave his agent a down payment for the purchase of a business insurance policy. The insurance company issued a policy that promises to pay Mr. Underwood under terms and conditions stated in the policy. What specific term is used to refer to Mr. Underwood's payment and the insurance company's promise to pay? - ANSWER Consideration Which of the following structures is not eligible for flood insurance? A. Anita...

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