Coverage Insurance

Posts Tagged ‘Laws’

There are many good reasons to carry auto insurance. With newer cars you want to protect your investment in case of an accident or a disaster that damages the car. And if your vehicle is financed, the originator of your car loan may require a certain level of insurance until the car is paid off.

Another reason to carry at least a minimum of auto insurance is all states require every car on the road to be covered by bodily injury and property damage insurance. These requirements help ensure all drivers can pay for damages or injury caused by the vehicle they are driving. Each state does have it’s own specific requirements for minimum auto insurance, so do be certain you understand the requirements in your state.

Minimum auto insurance laws have always come with a fine or other penalty. Say you get pulled over for speeding, the police officer who pulled you over will ask for proof of insurance, among other things, during the traffic stop. If you can’t produce proof of insurance in the form of your insurance card you will likely get a citation for lack of insurance on top of any other moving violations you get charged with during the stop. This minimum level of auto insurance now comes with even more incentive to make sure your car is insured in many cities and towns across the United States.

A growing number of municipalities have added another layer to this process. If you can’t prove you are carrying auto insurance on the car you are driving, not only do you get a ticket for lack of insurance but your car is towed to the local pound as well. This requires you to not only pay the towing and impounding fees, but also produce proof of insurance to even get your car back. The idea behind the new law is to get uninsured cars off the roads and to provide additional municipal income.

The number of cities imposing no-insurance tow laws increases every day. Even if your city or town doesn’t have this regulation on the books, if you were to be pulled over in a jurisdiction that does without auto insurance, or even proof of insurance, your car could be towed until you can prove you have insurance on the car. This can cost you greatly in time and money.

It’s also worth keeping in mind cities with these policies can even target your uninsured vehicle by running the car’s license plate to see if the auto has insurance coverage or not.

The lesson? Make sure you have at least the minimum level of auto insurance on any car you drive.

Property law falls into the common law legal system and concerns all aspects of ownership of ‘real’ property (land ownership as opposed to ownership of movable possessions) and personal property (movable possessions).

The property law gives information on buying and selling a property or conveyancing. This takes place when a property for sale is requested by a buyer and the seller accepts the buyer’s offer. There is an exchange of contracts and a deposit agreed by both parties and a completion date is agreed upon.

Under the English law is briefly divided into “personal” and “real.” This demarcation of into personal versus real is synonymous to dividing the same into immovable and movable property. This concept of movable property originated from the Roman era.

Disputes relating to properties are often relating to the boundaries and possession of the properties. The Land Registration Act of 2003 was passed to resolve related disputes. This act became applicable in October of 2003. It contained new provisions on “adverse possession”, registration of properties, and title.

A trademark is an intellectual property protection which is used to protect the distinctive features that distinguish one product from another. Those features can include such things as: symbols, colors, brands, names, sounds, smells, shapes, and signs.

You are generally allowed to set your own late rent fees if your tenants don’t pay up their rents on time. However in most areas the rental property law disallows the landlord from imposing late fees that are too high. Generally any late fees that are over 30% of your monthly rent will be considered too steep.

This idea of small mobile type businesses, open market displays of wares and food on carts or mobile services make sense as the first step. Think of countries today on the African Continent and elsewhere in which the land is owned by an invisible God of their cultural choosing which has been known to them for thousands of years?

The first step is to identify who you want to own, and have use of, the property on each death. You’d need to look at this in the round, taking into account how the rest of your estate is to be distributed on death. You should then consider whether you will be restricted by law in what you want to achieve.

In some cases it can be a little confusing because when you are talking about intellectual property it can be an intangible item. When you’re talking about regular property something that you can see and touch it is easier to understand how you can legally own that property.

The defendants licensed the patent of this device to BS, a manufacturer of ‘stents’. The claimant, who is a competitor of BS, sought to have the patent revoked on the grounds that the invention was obvious in the light of prior art. The judge held that it was obvious to have tested taxol, and therefore the patent was invalid for obviousness.