They are saying that the LLC can be added as an interested party to the policy and that will be sufficient.

AI is a newcomer to the party.

Almost never the MLS.This sounds like a common story of out-of-state investors buying up class C with local third party management. 

The proper roommate addendum should reflect you adding 2 new occupants and should include language as such:the parties hereto agree as follows:1.

You and your immediate family are disqualified parties.

Late to the party, but just got notice for a similar increase on HOA insurance up in Steamboat Springs, CO.

Plus, having an unbiased third party inspect the property is invaluable.

@Misook FoleyTypically a bank will not release one of the lien holders and a refinance would be necessary.As part of the settlement agreement the court may order the property and or the debt to one of the parties but again that name is not releasedOther factors do come into play such as what state it was in as some states have different laws regarding equitable interest etcI would speak to your divorce attorney about this and see what can be done

I can’t speak on behalf of a short term rental, but for a straight rental, you’re probably better off filling it in IMO.I had a house with a pool in an c+ area and after considering it will probably just invite parties, etc. plus the liability I had it filled in.

Which is why we use the LLC route when we do this method.If a family member or other party lends to me, they pay taxes on the income they make from that loan.