Sentences with phrase «fair rental value»

This protection is sometimes referred to as fair rental value coverage.

A tenant paying fair rental value might allow the owner to stay in the home.

This protection is sometimes referred to as fair rental value coverage.

For instance, if you were renting out your home for $ 1,000 a month, that is the amount that you would be reimbursed under fair rental value coverage.

Coverage for Fair Rental Value loss will remain subject to the maximum two - week time frame outlined in the Policy.

To figure the proration rate, divide the number of days you rented the home at fair rental value by the total days used for both personal and business purposes.

Coverage for Fair Rental Value loss will remain subject to the maximum two - week time frame outlined in the policy.

If you're renting your home or part of your home, and it becomes unlivable due to a covered loss, the rental income you're missing out on would be reimbursed under fair rental value coverage.

As damages, the tribes asked only for the fair rental value of the lands from the period January 1, 1968 through December 31, 1969.

Rental use is any day you rent the dwelling at a fair rental value.

Any person who pays less than fair rental value to use the home.

Fair Rental Value: Fair rental value, also known as loss of rent insurance, reimburses you for lost rental income if you're renting a home and it becomes unlivable due to a covered loss.

Loss of use coverage in a property policy may refer to additional living expense (homeowners, renters or condo insurance) or fair rental value (landlord insurance policy).

If the monthly rent payment is less than the fair rental value of the property, you're not renting for a profit and all of these apply:

If you do not have a written lease, Kansas statutes require you to «pay as rent the fair rental value for the use and occupancy of the dwelling unit.»

Option two is for the company to pay the fair rental value, i.e., your rent, for the period in question, and then it's incumbent on you to cover the additional living expenses caused by the loss.

All of your additional living expenses (specifically those needed to sustain a normal standard of living) or fair rental value (income lost from renters).

If the units are for unrented units or for property to be built, the VA requires the appraiser to determine the «fair rental value» and a vacancy / operating cost adjustment (usually 25 percent) is applied to that.

Farm & Ranch Insurance is customizable and provides dwelling coverage, farm personal property coverage, fair rental value, outbuilding coverage, liability and additional living expenses.

If a «civil authority» prohibits access to your «dwelling» or «unit» as a result of an Insured Peril, we insure any resulting Additional Living Expense OR Fair Rental Value loss for a period not exceeding two weeks.

In cases where a Civil Authority / Mass Evacuation Order prohibits access to the premises, such as the case that has arisen from the Fort McMurray wildfires, we insure Additional Living Expense and Fair Rental Value loss for a period not exceeding two weeks.

Loss of use coverage in a property policy may refer to additional living expense (homeowners, renters or condo insurance) or fair rental value (landlord insurance policy).

If a part of your unit is rented to others, your Fair Rental Value will also be covered.

It includes the fair rental value of any portion of the premises you occupy (rent you would have earned had you rented that part of the property to a tenant).

If you do not have a written lease, Kansas statutes require you to «pay as rent the fair rental value for the use and occupancy of the dwelling unit.»