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When you buy the house, you should cancel the homeowner insurance and get your own insurance on the property. Their policy is not valid since they don’t own the home.
You’ll take title in a trust.
The trust & trustee will be names as insured with you ( your entity) names as additionally insured.
If you’re buying subject to the mortgage and the insurance is escrowed, the insurance company will send the bill to the lender ( who is named as the mortgagor)
When you sell the BI, the buyer will also be names as additionally insured.
not sure I understand the question.
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