Final answer:
An 8.1 Endorsement covers: `` matter pertaining to mineral rights, the interest of abutting property owners, the rights within an air-space and protection against environmental liens``
The answer is option ⇒1,2,4 and 5
Step-by-step explanation:
This endorsement does not cover protection against all environmental matters. It specifically focuses on these specific aspects of property rights and environmental issues.
An 8.1 Endorsement covers the following:
- 1) Matter pertaining to mineral rights: This means that the endorsement provides coverage and protection for any issues or disputes related to the ownership, use, or extraction of mineral resources on the property.
- 2) The interest of abutting property owners: Abutting property owners are those whose properties are adjacent to each other. The 8.1 Endorsement extends coverage to protect the interests of these neighboring property owners, ensuring that any potential conflicts or claims between them are addressed.
- 3) Rights within an air-space: The endorsement also covers the rights within the air-space above the property. This means that if there are any issues or disputes regarding the use or ownership of the air-space, the endorsement provides protection.
- 4) Protection against environmental liens: Environmental liens refer to claims or encumbrances placed on a property due to environmental contamination or non-compliance with environmental regulations. An 8.1 Endorsement offers protection against these liens, safeguarding the property owner from financial or legal consequences related to environmental issues.
It's important to note that an 8.1 Endorsement may have specific terms and conditions, limitations, or exclusions, so it's essential to review the specific policy and consult with professionals in the field for a comprehensive understanding of the coverage provided.
The answer is option ⇒1,2,4 and 5