Arizona Analysis Checklist

State:
Multi-State
Control #:
US-OLAPPA
Format:
Word; 
PDF
Instant download

Description

This office lease form is a basic, but not exhaustive, checklist of issues to keep in mind when reviewing commercial office leases from both a business and a legal prospective. This checklist can serve as a starting point to assist in the review and analysis of these complex documents. Throughout this book, these issues are discussed in more detail.

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FAQ

Real and personal property that is used for residential purposes and occupied by a relative of the owner, as described in section 42-12053, as the relative's primary residence, that is not otherwise included in class one, two, four, six, seven or eight and that is valued at full cash value. 3.

While lenders generally require a lender's policy as part of the real estate transaction, an owner's policy is usually optional. An owner's policy protects against any title loss, which insures the value of the property and lasts as long as you or your heirs retain an ownership interest in the property.

You have been convicted of any FELONY involving dishonesty or breach of trust that you have not disclosed on your application for an Arizona insurance license, or. You have been convicted of an 18 USC § 1033 offense, even if you have disclosed it on your application for an Arizona insurance license.

Assumed Names An insurance producer doing business under any name other than the producer's legal name is required to notify the insurance commissioner prior to using the assumed name.

Mandatory Insurance Minimum levels of financial responsibility are: $25,000 bodily injury liability for one person and $50,000 for two or more persons. $15,000 property damage liability.

The policy declaration page or endorsement must identify the name of the producer unless the policy is exempt from the requirement under § 20-229(B). Every insurance policy shall be executed by an officer, attorney- in-fact, employee or representative duly authorized by the insurer.

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Arizona Analysis Checklist