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Real Property or Personal Property?
Federal law classifies all property as either real property or personal property. Real Property is defined as the physical land and everything attached to it, plus the rights of ownership (bundle of rights) in real estate. Real property is also … Continue reading
Commercial Insurance Business Personal Property
This commercial insurance business personal property coverage along with the building property coverage, business income coverage, and extra expense coverage is usually written on the commercial property policy. This can be written on a stand-alone commercial property policy or it … Continue reading