General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
Disclose garage converted to living space
I have a house that I advertise as a 3/2. It has 3 bedrooms and 2 baths in the main house, but it also has a garage converted into a 1/1 studio. I am about to rent it out and my tenants intend to have someone living in the garage conversion. Do I need to get them to sign a disclosure that the garage is a conversion? Do I need to be worried about any legal issues from having someone staying in this unit (I am in California). I have spoken with my insurance guy and the garage conversion is treated the same as the house in terms of insurance so there is no issue on this front.
If I do need to disclose it, does someone have some boilerplate to do this?