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When a rental property is bought by a new owner and they do not give the properties renters an address to contact them by does that give the renters the right to move out?
Wiki User
∙ 15y ago
You would be better off if you tried to deliver a letter in writing to wherever you were paying the rent (maybe the new owner used the same management company!) giving notice. A certified letter would be best.
Wiki User
∙ 15y ago
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How do you get into Property Management?
There are many ways but some are given below :1) Gaining Education and Experience2) Contact local real estate companies.3) Apply as an assistant property manager4) Look for properties to buy5) Find renters
Do renters have to pay property taxes?
No, renters do not pay property taxes. Property taxes are paid by the owners of the property. They may pass that cost down to you through rent, but it will likely be spread out over months.
Will renters insurance cover sewage pipe backup damage to personal property?
If your renters policy covers Sewer Backup then it will cover damage to personal property.
Will renters insurance pay if a car is hit on property?
No, Renters insurance is coverage specific to household property or contents owned by the named insured. It does not cover the property of others and it does not cover automobiles. Neither Renters insurance nor Homeowners insurance will cover damage to an automobile. That's what auto Insurance is for.
Does renters insurance cover damage to others property?
No. "Renters Insurance" is property coverge for a tenant. It will cover the property of the named insured Tenant or Renter that is located within the rented dwelling. It will not cover property of someone who is not a named insured on the policy.
Does your renters insurance cover your things stored off site?
It can, it just depends on what coverage you purchased. Contact your insurance agent to determine if you have coverage for off premise or stored property.
Are property owners better off than renters in the current economic climate?
Property owners often feel that they have made a better choice than those who rent. Renters are paying money to another while owners have an investment. Renters have to follow the rules of the landlord, while owner are free to follow their own rules. Owner are able to have any type of pet they desire, while renters may not be able to have any pets. Property owners have many freedoms that renters do not have.
Your renter started a fire and has renters insurance how much will it cover?
most renters policies only cover the personal property of the renter. The property owner typically carries insurance for the Hazard of Fire.
What is renters insurance and why it is needed?
Renters insurance is for a person who is renting the place where they live. It protects your property if something happens to that place, such as a fire, flood or theft. Without it, only the owner of the property is covered.
Can you rental insurance with a pool on property?
Yes, you should have no issue getting renters insurance with a pool on the property.
Is a rental property investment analysis required?
It is not required, but certainly recommended so you buy the best properties in your area that will attract good renters, and still maintain an income for you given the local rent levels etc
Does homeowner insurance cover renters fall?
No, the property owners coverage does not provide coverage for a tenants property or liability.
