Florida Due Diligence Review Form
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How to fill out Due Diligence Review Form?
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FAQ
It specifically states: ?diligent effort means seeking coverage from and having been rejected by at least one authorized insurer currently writing this type of coverage and documenting this rejection."
Constant in effort to accomplish something; attentive and persistent in doing anything: a diligent student. done or pursued with persevering attention; painstaking: a diligent search of the files.
In Florida, the majority of closings occur within 30 to 45 days of going to contract. This can vary greatly, however, depending on specific circumstances. Number of days allotted for due diligence. The default amount in the standard contracts is 15 days.
What is a Diligent Effort? Diligent effort means seeking coverage from and having been rejected by at least three admitted insurers currently writing the type of coverage documented in the rejections.
For example: John put in a diligent effort to improve his grades last semester. As Colonel Vandeveld began a diligent effort to assemble what he assumed would be the evidence that would convict Jawad, he became increasingly distressed and ultimately dismayed.
Someone who is diligent works hard and carefully. If you want to write the epic history of your family, you'll have to be very diligent in tracking down and interviewing all of your relatives.
Diligent and Reasonable Efforts Exerting such efforts and employing such resources as would normally be exerted or employed by a reasonable third party company for a product of similar market potential at a similar stage of its product life, when utilising sound and reasonable scientific and business practice and ...