Your contract with him should place all of the liability on him. 3) Get very crisp on the budget.  

Now the lessor is requiring that the building owner add them as "additional insured with respect to liability".  

Correct me if I'm wrong, but currently the loan and the liability all lie (no pun intended, hehe) with the deceased.

Liability hazards - pollutants could be distributed through the system...mold spores, toxic gases from refrigerants, other allergens, etc.Anyone else want to add on to the above?

Hello BP Community - I am looking to insure a brick 3250 sq. ft. 4-unit in Midcoast Maine and the best quote I've found on a DP3 policy is $1,700, which includes full replacement cost of $564k, 10% rent loss, $1 Million liability, $5k personal property, $5k medical, $5k deductible.I understand that rates vary by region, so would any New Englanders, or Mainers specifically, care to weigh in or recommend an insurance company.Do most of you carry DP3 policies on your 1-4 units? 

Rather than seeing it from the point of view that other people's money tied up leaving me with more to invest, I just view it as a huge liability for me to pay them back.

One apparent things is the liability coverage can be higher. 

I got a letter from the County Public Works Dept. today stating that although my paving contractor applied for permits for our driveway, the pre-installation inspection didn't occur, and therefore, the permits were no...

While I can't imagine this would make it through escrow you never know what people will try.I haven't bought a tenant occupied property (yet) but wonder about the quality of work the tenant does, and liability issues if they do something wrong, or get injured while performing the task.Have you been down to the area the house is located in?  

You exposed yourself to an immense amount of liability with this action - I hope you never do that again.2.