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<p class="MsoNormal" style="line-height:80%">I am representing the buyer of a high-end condo unit that is being built-out by the seller. The closing will occur before the work is completed and my client will assume the construction contract and work with the
GC after closing. My question is whether the current builders’ risk policy can be transferred to the new owner or whether it will have to be reissued as of closing.<o:p></o:p></p>
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<p class="MsoNormal"><b><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#003F72">Howard Allen Cohen<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#404040">Of Counsel<o:p></o:p></span></b></p>
<p class="MsoNormal" style="text-autospace:none"><b><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:black;background:white">Florida Board Certified Attorney<o:p></o:p></span></b></p>
<p class="MsoNormal" style="text-autospace:none"><b><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:black;background:white"> Real Estate Law<o:p></o:p></span></b></p>
<p class="MsoNormal" style="text-autospace:none"><b><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:black;background:white"> Condominium and Planned Development Law</span></b><span style="font-size:10.0pt;font-family:"Arial",sans-serif;background:white"><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#404040">401 East Las Olas Boulevard<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#404040">Suite 2250<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#404040">Fort Lauderdale, FL 33301-4251<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#404040">954 335 1589 (o)<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif"><a href="mailto:howard.cohen@bipc.com"><span style="color:#404040">howard.cohen@bipc.com</span></a><o:p></o:p></span></p>
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</span>| </span><a href="http://www.bipc.com/"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#404040">BIPC.com</span></a><span style="font-size:10.0pt;font-family:"Arial",sans-serif"> |
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<p class="MsoNormal"><b><span style="font-size:12.0pt;font-family:"Georgia",serif;color:#0E416B">Buchanan Ingersoll
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