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The COO, Chief Operations Officer, is in charge of day to day operations. Whether or not he is on the rental property is his call to make.
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∙ 14y ago
No, a COO (Certificate of Occupancy) is not required for a rental property in all locations. However, some cities or municipalities may have specific requirements regarding COOs for rental properties. It is important to check with the local government or housing authority to determine if a COO is needed for a rental property.
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Is a rental property owner liable if the home was vacant and being repaired by a contractor and all the workers tools were stolen?
The rental property owner is not typically liable for stolen tools belonging to a contractor. The contractor is responsible for securing their tools and may have insurance to cover such losses. However, it's important to review the terms of the contract between the property owner and the contractor to determine the specific responsibilities and liabilities in this situation.
In India can a tenant stays in a rental house for more than 10 years. is he liable to claim that it his house?
In India, a tenant can stay in a rental house for more than 10 years, but he cannot claim ownership of the property solely based on tenure. The ownership of the property remains with the landlord unless a specific agreement or legal provision states otherwise. It is important to have a clear rental agreement to avoid any disputes over ownership rights in the future.
How far back to rental background checks go in Az?
Rental background checks in Arizona typically go back 7 years for criminal history, but can vary depending on the screening criteria of the landlord or property management company. It is important to review the specific requirements of each rental application to understand the scope of the background check.
Do you need permission to have a party?
It's considerate to inform your neighbors about a party to manage noise levels, but permission is not required for a private party in your own home. However, if you live in a rental property, you may need permission from your landlord or property management company.
Can you be charged for leaving your rental in bad condition?
Yes, you can be charged for leaving your rental in bad condition. Many leases outline the tenant's responsibility to return the property in good condition, and landlords can deduct repair costs from the security deposit or pursue legal action for damages beyond normal wear and tear.
Where does Scrooge work at in the present?
He runs his own trading company, money lending and property rental
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 would I say my profession was if I owned apartment complexes?
landlordowner of rental propertylandlordowner of rental propertylandlordowner of rental propertylandlordowner of rental property
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
does the state os sc have winterizing grants for rental property?
does the state of sc have winterizing grants for rental property
What is the tax on rental property in Michigan?
Rental property tax is Michigan is relatively high. For a $120000 it is around $7000.
How do you find rental property website without paying?
It depends where you are, but craigslist has a lot of rental property on it in many jurisdictions.
Where will refinanced rental property be listed?
Refinancing rental property can be hard to do because banks do not like to do it unless the loan-to-value ratio is low. Refinanced rental property will be listed in the same place that retail property that has not been refinanced is listed.
What happens in a rental property investment analysis?
A rental property investment analysis consists of the property that you buy. And it also applies to the expenses that you have to put in it to rent it out.
What is a 'Benson property'?
It is a rental managed by the Benson Property Co.
