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- Title
Terrorism risk insurance report issued.
- Abstract
The article focuses on the submitted joint statement of the Institute of Real Estate Management (IREM) and National Association of Realtors (NAR) concerning the Terrorism Risk Insurance Extension Act of 2005 in the U.S. Both organization stated that 84 percent of outstanding commercial mortgages require terrorism insurance and without terrorism coverage. They said that it would be very difficult to finance commercial real estate transactions.
- Subjects
UNITED States; INSURANCE law; TERRORISM insurance; COMMERCIAL real estate; INSTITUTE of Real Estate Management; NATIONAL Association of Realtors; ASSOCIATIONS, institutions, etc.
- Publication
Journal of Property Management, 2007, Vol 72, Issue 1, p4
- ISSN
0022-3905
- Publication type
Article