It actually does not function correctly in practice.Before an owner requires a tenant to list him as an additional insured, the following points should be considered.In the event of a lawsuit between the tenant and the property owner (both named insureds), the insurance company would have the obligation to defend both parties against each other and to pay any sums either might be obligated to pay each other.

They will have a boiler plate lease that they provide to their clients so that it is easier to defend the client if needed.

To successfully defend a 1031 if necessarily you'd have to demonstrate that you  changed your intent from primary to investment and from hold to resale.  

Someone who of course follows the law, but who believes that landlords have the right to enforce the law and defend landlord rights. 

Slapping 4% on it and defending it because that's what the bank told you is ridiculous.

But it seems like your getting a lot of negitive responce sabout the area and you are now defending your descision.

Once recorded it affects the defendant's credit, ability to buy and often the ability to rent.

Also, contrary to popular belief, an “Additional Insured” is ONLY afforded liability protection under the liability portion of the policy and there is no coverage whatsoever for physical losses resulting from such things as vandalism, theft, fire, wind and hail, and so on.A PM trainer by the name of Judy Cook had some interesting points: Yet it seemed to be more beneficial for the PM company to be listed as Additionally Insured so to help focus on accomplishing the task of defending against a tenant suit.http://judycook.biz/additional-insured-vs-addition...So additionally insured seems great for commercial property, commercial business, endeavors but could be confusing for Landlords.  

If they are SSI or an income that is not able to be garnished the bank or defendant will have to explain. 

Not once,  If you knew how to read and comprehend at the same time, you would see that it was I that got beat up, simply because the people on this site do not like wholesalers, which by the way, I didn't defend.