Latest news from Moulton, AL collected exclusively by city-data.com from local newspapers, TV, and radio stations. Ancestries: American (19.8%), Irish (8.5%), English (5.7%), German (4.3%), Scottish (2.3%), Scotch-Irish (1.8%). Current Local Time: CST time zone. Elevation: 650 feet.
Adverse Interest. Adverse Interest. A right or concern that's contrary to the interest or claim of another. An adverse interest in real property is a claim against the property, such as an easement.
CouNSEL J. 109 (1979); Note, Insurable Interest in Property: An Expanding Concept, 44 IOWA L. REV. 513 (1958). ' One definition of insurable interest, currently recognized and accepted is that: [A] person has an insurable interest in property whenever he would profit by or gain some advantage by its continued existence and suffer some loss or