CHAPTER 1 Introduction

• Jurisdiction: United States
• Publication year: 2019

CHAPTER 1

Introduction

This book focuses on legal issues concerning insurance recovery and bad faith for real estate and real estate-related entities. The following entities are, among others, the target audience because they have an interest in understanding the insurance needed in their businesses:

1. those who own, operate, and use real property;

2. landlords and tenants;

3. real estate developers, builders, construction contractors and subcontractors;

4. real estate lenders;

5. real estate investment trusts;

6. professionals involved in real estate, such as brokers, realtors, agents, engineers, architects, and appraisers; and

7. Bankruptcy professionals handling bankrupt estates of these businesses.

If a lawyer represents clients, or if someone is himself or herself employed by or otherwise involved, in any of these lines of businesses, it behooves that person to understand the insurance coverages discussed in this treatise. Likewise...