France Specialty Products

Protecting Condominium Buyers In France:

Building Permit Objections Insurance

Building Permit Objections (“BPOI”) Title Insurance policies cover buyers of residential condominium units against :

• Risk of cancellation of the Building Permit and
• Risk of court ordered demolition of the building as a result of claims filed against the Building Permit

Covered Risks include:

• Cancelation or suspension of the building permit for more than 12 months during construction period; and
• Cancelation of the building permit or court ordered demolition of the property after completion

The BPOI Title Insurance policy indemnifies the insured for financial loss arising out of the Covered Risks.