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Rotten tree branch fell from rental property onto the property next door damage car?
Wiki User
∙ 12y ago
This sort of thing happens all the time. Since it was an Act of Nature, No one is liable.
The comprehensive portion of the vehicle owners Auto Insurance should cover the damages to the automobile.
Barring some proven negligence on the part of the property owner, Real property insurance does not cover damage to automobiles.
Wiki User
∙ 12y ago
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If a rotten tree on your rental property fell on the house doing lots of damage will your insurance pay for the damage if you did not know the tree was rotten?
Yes, you should have coverage under you home insurance policy for natural occurrences such as felled trees and tree limbs.
Can a landlord file a police report for damage to rental property?
Yes they can!
What is the Depreciation of a replacement air conditioning unit on rental property?
If the rental property is residential rental property, depreciate over 27.5 years. If this is non-residential rental property, depreciate over 39 years.
What does home renters insurance cover?
Your home renters insurance will cover you for loss or damage to the property which you own and which is kept within your rental property. Any damage to the actual structure of the building would be covered by the landlord's insurance.
Can a summer rental landlord put a lien on your permanent residence?
***MORE INFO*** We received a rental agreement to sign, for a 1 week vacation rental property. In the contract, it states that if damage is done to the rental property and we do not pay for it, the owner has the right to place a lien on our permanent residence. Both properties are in Maryland. Is this even possible? Should we sign it?
What is the minimum coverage car rental companies have to have for their cars?
Car Rental companies are required to have whatever the minimum limits for public liability and property damage are required by specific state law.
What would I say my profession was if I owned apartment complexes?
landlordowner of rental propertylandlordowner of rental propertylandlordowner of rental propertylandlordowner of rental property
Define rental bond?
A rental bond - is a sum of money paid by the tenant - to offset any damage they might cause while living in the landlord's property. In the UK we call it a 'security deposit'.
Is landlord of rental property responsible for damage to neighbors property?
Yes, in certain cases the landlord may be held liable for damage caused to a neighbor's property. This is typically the case if the landlord has failed to maintain the rental property in a safe and habitable condition, or if the tenant has caused damage due to negligence. The neighbor may be able to sue the landlord for damages. To get more detailed information you can visit real estate agents like Umega in Edinburgh, who are professional estate agents in Edinburgh.
Where can one get rental property loans?
Many people are considering taking advantage of the current economy and get rental property loans. One can get rental property loans from one's local bank.
Can you get refinanced if the property is rental property?
It is possible to get refinanced for a rental property. The type of refinance would be called non-owner occupied real estate. Rates are often higher for rental property because they are not your primary residence.
Can you deduct property taxes on a rental property?
Yes
