Sentences with phrase «covered by the tenant»

You can rest easier and have peace of mind if you know that whatever happens in your condo or apartment, you are fully covered by your tenant insurance.
If you own a few expensive jewelry items and want to know if they are covered by tenant insurance, it depends on your policy limits.
Electronics, computers, furniture, antiques, jewelry and even cash can be covered by a tenants protection policy.
Typically our clients request the first $ 100 of repairs to be covered by the tenant (except on those repairs mandated by law to be covered by the Landlord in entirety).
If the lease was signed after the notice of foreclosure, the lease is not covered by the tenant protection laws.
The thought of getting our mortgage covered by tenants makes sounds... especially with how hot the SFH market is in MPLS right now!

Not exact matches

If you book a tenant through our site and in two months he stops paying rent or wrecks the property on the way out, you're covered by us.
These were grossly expensive programs: in the case of Section Eight New Construction, the government virtually handed for - profit developers a blank check by promising to cover costs running over the earmarked 30 percent of tenants» income.
These cuts force tenants in social housing to downsize to a smaller property or risk eviction by forcing them into arrears if their housing benefit no longer covers the rent.
The New York Times covered the push by Kavanagh, Assembly Housing Chair Keith Wright, many of their Democratic colleagues in the Assembly and the Senate, and tenant advocates to strengthen the rent laws.
She applauded the mayor's two years of rent freezes for tenants in regulated apartments and his recent update to his plan to create or preserve 200,000 affordable housing units by 2024 to cover more low - income individuals, but wants the city to go farther.
NEW YORK (CBSNewYork / AP)-- Time is running out for the more than 2 million tenants covered by New York City's rent laws while a deal to renew the regulations continues to elude New York state lawmakers.
Charlotte Miles — president of both the Lillian Wald Houses tenant association and the community council for Police Area Service 4, which covers 25 NYCHA complexes — was tapped by the borough president to join the 50 - member body for a two - year term.
A recent poll commissioned by TD Insurance found 47 % of Canadian tenants under 35 do not have renter's insurance and 32 % incorrectly believe they are covered under their landlord's insurance policy.
The personal property losses would have been covered by the other tenants» renters insurance and possibly subrogated against the liable tenant's policy.
Deposits are intended to cover damages, unpaid rent, and other expenses caused by the tenant which are discovered after the tenant moves out.
Realty Income Corp. has one of the most consistent dividend and growth records of any REIT covered in this article.Their tenant base is very stable, and many of their tenants» businesses are reasonably recession resistant.However, recent rent increases have been hard to come by, which could pressure their ability to continue to raise dividends.
Special Tenants Coverage for Renters: One of the more unique coverage options that Country offers, Special Tenants Coverage, protects your belongings from losses that are normally covered by renters insurance.
If there is a loss caused by a tenant, your insurance can and will cover it.
«Tenants have to be careful that they are covered by their provincial tenancy legislation,» says Thiele.
Landlords cover any property not covered by the association and not owned by the tenant.
Additional nonstructural improvements specific to the tenant's needs will be covered and owned by the tenant.
As a landlord, you can make the transition period much less stressful by providing a Welcome Letter, which serves as a quick reference guide and covers the basics of what the tenant needs to know about the property.
«Many of the claims from the residents may be covered by insurance, however, there may have been serious failings by the management company, acting on behalf of the local authority, that may give rise to further liability in contract (to the tenants of the block) and in negligence.
It has nothing to do with a landlords ability to obtain a judgement or collect a debt which is covered by your states Tenant Landlord Act (or something similar).
If a landlord alleges that a former tenant owes money for damages caused to the house during the tenancy, are the landlord's actions while attempting to collect the alleged debt covered by the Dodd - Frank act?
If when the lease expired, the landlord refuses to renew, citing an upcoming balloon payment that would not be covered by the rent as the reason, what recourse does the tenant have?
But, a change in the person who would be the tenant — even if done in the form of an amendment to the lease — or a change in the unit covered by the lease, would probably constitute a new lease for the purpose of the rent control laws and allow the landlord to increase the rent.
Landlords can cover their bases by requiring prospective tenants to meet certain standards, such as passing a credit check and criminal background check, getting clean references from past landlords, and showing proof of sufficient income to pay the rent.
Note, under Section 5, Exemptions from the Act, not all tenants are covered, and additionally under Section 6, Other Exemptions, that tenants such as those who are living in any part of any building, or mobile home park, or land lease community, where that space was never previously occupied for residential purposes before November 1, 1991, are not covered at all by rent controls.
However, damage caused by tenants is usually not covered by this obligation.
There will always be delinquent tenants (even among those who are supposed to be covered by social security), so there will be some losses.
Landlord insurance can cover things like accidental damage caused by tenants, legal cover and missed rent.
Leasehold Interest — Property insurance covering the loss suffered by a tenant due to termination of a lease because of damage to the leased premises by a covered loss.
Liability is the reason your landlord requires you to have a policy in 2018, to ensure that any damages caused by tenant negligence can be covered without the landlord's insurance company having to sue a tenant personally.
Generally, tenants coverage will not cover damage that is cause by earthquakes, general wear and tear, flood damage, pestilence damage, or war.
If you are a new landlord, you may be surprised to learn that traditional homeowners insurance policies will not cover damages to properties that were occupied by tenants at the time that the damage occurred.
Your tenant's personal belongings need to be covered by a renter's insurance policy, but a burglary may also result in damage to your property such as a broken door or a busted window.
Another way to protect your home and secondary suite is by purchasing comprehensive rental insurance that can cover vandalism and damage by tenants.
One thing you should be aware of is that if you rent a mobile home in a park, you're not just covered by landlord - tenant law in Vermont.
And there are state - by - state exceptions for disaster coverage: California renters, for instance, are not covered for damages from an earthquake, and Florida tenants are not covered for damages from a natural flood.
Your personal injuries caused to yourself by your own fault would not be covered under a home, condo or tenant policy.
Renters insurance protects the renter's possessions, covers the tenant in the event of lawsuits by guests or visitors injured in the home and provides additional living expenses if the renter is displaced after a disaster makes the house uninhabitable.
First, it decreases the chance the tenant will sue the landlord if his possessions are damaged as a result of an event covered by the owner's policy.
The insurance needs of tenants might not all be covered by renters insurance.
Insurance companies would not cover losses if the investment property is simply unoccupied or vacated by the tenant.
Natural disasters cause a lot of damage and it would be unfortunate if a renter or tenant thought they were covered by water and weather damage alone.
Many people who are new to the landlord business are surprised to learn that traditional homeowners insurance will usually not cover property damage if their home is occupied by tenants.
If a tenant is interested in having their belongings covered by insurance, they need to purchase a renters insurance policy.
According to Investopedia, other items that are not covered by a will are retirement assets, assets owned as joint tenants with rights of survivorship, and investments accounts that are designed as «transfer on death».
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