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30 September 2017 | 10 replies
They attract neighborhood kids and if one sneaks in and is injured, you're still on the hook even if they didn't have your permission.
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25 September 2019 | 10 replies
Regarding your tenants they should know that none of their personal contents, furniture, clothes electronics etc are covered under your homeowners policies and therefore if they want them covered they should purchase a "Renters Policy" and please note that the renters policy should come with some liability coverage should your tenants have guests over that get injured which is helpful to you especially in a serious accident where damages could be significant.
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5 July 2017 | 12 replies
In almost all situations it is considered a bad idea to give rent credit in exchange for work done. this muddles your numbers and makes it difficult to properly account for revenue and expenses. the solution is to have tenant pay rent, then issue a check for work done.also an issue is the idea of liability when having a tenant work on your home. if tenant is injured you can be liable, and the general rule of thumb is to only allow licensed and insured contractors to work on your home, even if they happen to be the tenant. my personal opinion, I would not allow tenant to do any of it. hire a handyman or contractor to do it. less risk. if inside of house was fine when tenant signed lease, and a long time has not passed, then it should be fine going forward. house was rented as is. if outside needs to be pressure washed and painted, then get it done, since your curb appeal effects the whole neighborhood.that's just my .02 cents though
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17 January 2022 | 3 replies
Protecting Your AssetsIf you are sued because someone is injured on your rental property, including a guest of the tenant, then your personal assets are not necessarily protected as an individual landlord.
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28 January 2022 | 39 replies
Ohhh--- here's the flip side, they hire their buddy to do the labor, and the guy injures himself because he doesn't know what he's doing, and then sues you-- the landlord!
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27 January 2022 | 8 replies
I am a husband and father, a dog-lover, avid traveler and marathon runner (although on an injured atm).
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25 May 2022 | 14 replies
What would you do to cover yourself agaisnt workers getting injured in your property?
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24 March 2022 | 38 replies
For me, the most important thing is that they have workman's comp and general liability insurance so you don't end up being liable for them if they are injured or if they burn down your property.
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4 July 2022 | 11 replies
ASUC does a great job of promoting the rent board each and every election year even though UC rent board policies have injured UC students more than any other segment of the population.
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20 March 2022 | 0 replies
Thus, the Court finds that the there is a common enterprise with the expectation of profits to come solely from others’ efforts.”Since the Georgia securities act provides a private right of action to persons injured by violations, the court had no difficulty sustaining the plaintiff’s claim for damages.COMMENT: In this case, the particular cryptocurrency’s own literature, web page and Facebook page provided the evidence of “expectation of profits” that ultimately proved it was a security.