Consumer insurers, like auto insurers, handle claims with fairness and swiftness because they fear consumer and regulatory backlash if they do otherwise.Commercial insurers, in the last ten years, have taken the approach of deny every claim, UNLESS the claimant is represented by legal counsel.

Tenant makes this certificate for the benefit and protection of Lender with the understandingthat Lender intends to materially rely on this certificate in making a loan on subject property.OWNER TENANT(Signature)( )Phone Date (Printed Name)( )(Phone Number) DateIf leaving insurance on the property (I never do) get this notarized Assignment of Beneficial Interest of Insurance Proceeds to YOUR COMPANY OR YOU, YOUR ADDRESSI, SELLER, as beneficiary and claimant to the insurance policy # POLICY NUMBER with INSURANCE COMPANY: do hereby authorize and direct INSURANCE COMPANY to pay to YOUR COMPANY OR YOU, YOUR ADDRESS the total sum of All Proceeds of the aforementioned policy(ies).I understand, the proceeds I have authorized to be paid to the above party will be in lieu of payment to me, as specified in the above policy or policies.

Main Party (Executor/Executrix/Administrator/Claimant/Petitioner/Heir/etc.)

Most tax auctions require the bidders to commit all or a substantial amount if money in order to bid on a given asset.Due process is what owners and excluded claimants whose rights and benefits were adversely affected, petition judges to reverse sales. 

It is possible and legal to honestly say that the owner is absent and you are renting the property until he or she returns.Though Adverse Possession law is not clear to the average person, nor to the average investor, the very website that you linked in a comment above, does provide an answer to your own challenges (except for your unnecessary claim that renting an abandoned property means pretending to own it).Sue you have linked to - http://legal-dictionary.thefreedictionary.com/adve...Under the “Elements” paragraph of that link it is clear our laws recognize that “nonpermissive use by the adverse claimant that is actual, open and notorious, exclusive, hostile, and continuous for the statutory period” can “ripen into legal title”.  

Fortunately within the State of Georgia, the claimant is entitled the money and the bank does not have access to those funds; however, I have not quiet figured out the impact/ obstacle of the lien holder.From my research the legal documents in which I would need are the following to act and control the business of the recipient:A.)

As the Company is working to cure title in a reasonablydiligent manner, the Company would not be liable for any loss to the Claimant.

If unlocatable, you're back to a QTA.Meanwhile, you need to decide if you want to risk completion of the project and put in a tenant and get cash flow while a potential claimant wants to challenge the tax sale.

A claimant would have to exhaust the limits of your policy and the value of whatever property the LLC holds before moving on to other assets you own.

Though your coverage would have readily responded, using the vehicle's insurance as a third party claimant afforded you the ability to not be out of pocket for the repairs.