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We are an insurance safety net and partner in the insolvency system, fairly serving the people of Texas in an efficient and cost-effective way. TPCIGA, Mission statement According to the Texas State Auditor's Office, the "Association's purpose is to pay, fairly and in a timely manner, valid insurance claims involving insolvent property and ...
Rent guarantee insurance is a form of underwriting through which landlords can be protected against loss of rent if the lessee defaults. Globally, most firms offer this protection through regulated insurance companies, to ensure that the provider can make good on promises of payment.
A guaranteed rental is a transaction whereby a party looking to acquire a property in order to rent it out on a retail basis (i.e., nightly or weekly), typically a property manager or vacation rental manager, rents from the owner of the property a large block of time, typically several months or even years. Through the transaction the acquirer ...
Texas Department of Motor Vehicles Building 1, the headquarters. The Texas Department of Motor Vehicles (TxDMV) is a state agency of Texas, headquartered in Austin.The agency handles vehicle registration and titling, authorizes operating authorities of motor carriers, and gives grants to law enforcement agencies to increase public awareness about automobile theft and to reduce automobile theft.
License and permit bonds are required by certain federal, state, or municipal governments as prerequisites to receiving a license or permit to engage in certain business activities. These bonds function as a guaranty from a Surety to a government and its constituents (obligee) that a company (principal) will comply with an underlying statute ...
The Texas Department of Licensing and Regulation (TDLR) is a state agency of Texas. TDLR is responsible for licensing and regulating a broad range of occupations, businesses, facilities, and equipment in Texas. [1] TDLR has its headquarters in the Ernest O. Thompson State Office Building in Downtown Austin. [2] [3]
A drawback of ELT is that a holder cannot convert ELT to paper on a same-day basis in the majority of ELT states. Some states do offer an option for expedited printing. For example, in Ohio, a vehicle owner who wishes to sell a car that has an ELT must first have the lien released by paying the lienholder the remaining amount owed on the lien.
The beneficiary of the guarantee must first prove the obligor's default before the guarantor becomes liable to pay. The guarantor may raise any legal defences which are available to the obligor. Thus if the contract giving rise to the underlying obligation is void, the guarantor may also avoid its obligations under the guarantee. Additionally ...