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Home > Underwriting > TIRSA Rules > SECTION 30

SECTION 30 - MINIMUM INSURANCE: ENTITY PURCHASE (with Non-Imputation Endorsement)

  1. An owner's policy insuring the interest of a person or entity purchasing an interest in a corporation, partnership or other entity which owns real property shall not be issued in an amount less than the value of the real property equivalent to the purchaser's percentage of interest in the entity owning the real property.

    1. A TIRSA Non-Imputation Endorsement must be issued together with such policy. See Section 25(c)(4).

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