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 Pauline Angie

link 21.04.2008 11:25 
Subject: Local Search Validation Insurance real.est.
Пожалуйста, помогите перевести.

Local Search Validation Insurance

Я нашла определение, но все равно не очень понмаю
Local Search Validation Insurance
An insurance policy which enables exchange of contracts, completion or re-mortgage to use a local search result which is not more than six months old at the date of completion and which has not been used on a previously completed sale. The policy words provide an indemnity against any unknown adverse entry registered between the date of existing local searches and the date of exchange of contracts.
Выражение встречается в следующем контексте:
4.2 On the Completion Date the Buyer shall pay to the Seller's Solicitor the sum of .130.00 plus VAT
to cover the cost and administration of providing the local authority search validation insurance
(договор купли-продажи недвижимости)
Заранее спасибо

 Pauline Angie

link 21.04.2008 12:21 
Коллеги, я не прошу переводить - просто помогите понять, что это за зверь
Local Search Validation Insurance

 

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