General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 11 years ago,
How much should I compensate tenant for flooded condo?
Well, the upstairs condo did it again. Their pipes froze and burst and flooded my rented condo below them. All the carpet has been removed to cement floors. The lower 2 feet of the walls cut out. She has to keep her cat in a cage to keep it out of the walls. A lot of her furniture is ruined but she has rental insurance. It's taking time to get everything fixed. My guess is about a month. The last time this happened (6 months ago due to clogged condensate line from same upper condo) they had to cut a hole in the ceiling of the my condo and replace a much smaller portion of carpet. She was happy with a $100 break on rent. I know I need to compensate her more this time. The place is totally livable but definitely annoying for her. Rent is normally $1575. How much would you compensate the renter? She is a good renter BTW.