It would cover his clothes and possibly your building if it burned down due to his negligence.

The difference is negligible.

This handling also results in those less qualified applications choosing not to apply in the first place, as they do not want to waste another application fee.You must also have abuse, nuisance and noise disturbance included in your lease as violations over which action can be taken; and quarterly inspections at which tenants are charged for any repairs requires related to aspects of abuse or negligence.

I believe it’s a 5k fine pushed your way for using unlicensed workers - if caught here in jax :( A few dimes may be saved by not pulling permits however if ever a fire.... does gross negligence comes into play?

We are mostly concerned about the short Term, point 3B, and I have more of the contract which I will post here underneath:ClaimabilityThe amount owed (with accrued interest on the entire principal during the entire term, three months extra interest and the costs) will be immediately due and without notice, notice of default, written warning or other formality due in the following cases:a. if the debtor may be negligent in complying with one or more provisions made by this deed;b. if the debtor has been granted suspension of payment or the debtor has been declared bankrupt, the debtor's property has been wholly or partially seized by third parties and if the debtor otherwise loses the free disposal of his assets;c. upon seizure of the collateral;d. upon alienation (whether or not only economically) or expropriation of the collateral in whole or in part;e. in the event of fire damage or any other depreciation or potential depreciation of the collateral, whether or not due to the application of any government measure to the collateral; f. if another debt for which the collateral may be linked to a mortgage becomes due and payable;g. when (one of) the debtor (s) dies.

Liability of Property Manager: Property Manager shall indemnify, defend and hold harmless owner and it’s agents, officers and trustees from and against any and all claims, charges, debts, demands and lawsuits (the “Claims”) arising in connection with any claims arising out of or based upon acts performed or omitted to be performed by Property Managers in breach of this Agreement, or that constitute bad faith, fraud, willful misconduct or gross negligence.

A judge ruled in my favor lecturing them with “their bookkeeping is negligent and best and their attitude about appalling”.  

Accordingly, the increased supply of rentals that comes from this will be negligible, and frankly welcomed.

That said, I can understand an improved credit score to get a better interest rate on your next loan, but in some cases, the difference may be in base points and can be negligible depending on your credit score of course. 

They burned down your place due to negligence.