If you are the Rent-ie (The person who is renting from the owner) or the Renter (The person who owns the property) Rentie- Nothing Renter- Its like a normal property.
The homeowner must disclose to the renter the home is in the foreclosure process. There may be fraud involved if the potential tenant is not given notice.The homeowner must disclose to the renter the home is in the foreclosure process. There may be fraud involved if the potential tenant is not given notice.The homeowner must disclose to the renter the home is in the foreclosure process. There may be fraud involved if the potential tenant is not given notice.The homeowner must disclose to the renter the home is in the foreclosure process. There may be fraud involved if the potential tenant is not given notice.
In general, no. Renter's insurance covers the property of the renter, not the property of the landlord.
If there's a renter, that's a contract.
After you purchase the property you can give the renter a 30 day notice to evacuate the property.
Usually your renter's policy covers whatever you bring into the property that does not become a permanent part of the property. Your renter's policy cannot cover property that belongs to the landlord.
That depends. If the renter has their own flood insurance then the renter could certainly file a claim on it they have a flood loss. If your asking can the renter file a claim on the Property owners flood insurance then the answer would be no. The owners flood insurance would be specific to the owners property, not property belonging to a tenant.
Damage to anything covered by the landlord's insurance, because the landlord owns the property not the renter. Such damage would be covered under homeowner's insurance, because the homeowner owns the property.
No. They must purchase their own renter's insurance. The homeowners policy for a rental only covers the physical property.
The owner of the property is required to have property insurance if the property is mortgaged or used as collateral in other transactions. This insurance covers the structure, its replacement, accidents or damage that occur on or as a result of the property and so forth. It does not cover the contents of the home that belongs to the renter. The occupant is responsible for renter's insurance, which, depending on the nature of the policy, covers different things. There is no requirement that a renter have renter's insurance. You should, however, make sure the property owner has coverage.
If you're the renter, no. If you mean you're the property owner, if the renter was negligent and that negligence caused the your injuries, probably yes.
There are a number of reputable insurance providers that offer rental property insurance. Check with your current insurance provider and see if they offer renter's insurance. http://www.landlordinsurance.net/
only after eviction notice served