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Updated almost 4 years ago,

User Stats

32
Posts
12
Votes
Shain Cannon
  • Rental Property Investor
  • Everett, WA
12
Votes |
32
Posts

Liability in rental garage

Shain Cannon
  • Rental Property Investor
  • Everett, WA
Posted

I own a house with a large garage that is suited well for automotive enthusiasts like myself which next month will be a rental. I set up a car lift in the garage and I had planned on leaving it for future tenants as I can charge a higher rent and it is also good incentive for the tenants to stay. (I already have many interested tenants because of the layout and the garage/shop).

My wife brought up a good point as we’re getting ready to place a tenant and that is: Either I need to find some sort of legal document that will release me of any liability in case they hurt or kill themselves with a car falling off the lift, or I just need not leave it and take it to my next house.

Thoughts?

Thanks