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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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16y ago

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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.

Related Questions

Where does Scrooge work at in the present?

He runs his own trading company, money lending and property rental


How do you calculate the yield on a rental property?

To calculate the yield on a rental property, you divide the annual rental income by the property's value and multiply by 100 to get a percentage. This percentage represents the return on investment from the rental property.


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.


Are you considering selling your rental property?

Yes, are you thinking about selling your rental property?


Can I sell my rental property to my LLC?

Yes, you can sell your rental property to your LLC.


Can you help me find a rental property?

Yes, I can assist you in finding a rental property.


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


How do you calculate rental yield for a property?

To calculate rental yield for a property, you divide the annual rental income by the property's value and multiply by 100 to get a percentage. This helps you understand how much return you can expect from the property as an investment.


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.


What is the rental address and how can I obtain it for the property I am interested in?

The rental address is the specific location of the property you are interested in renting. You can obtain the rental address by contacting the property owner or the real estate agent handling the rental. They will provide you with the address so you can visit the property or conduct further research.


Should rental income cover the mortgage payment for a rental property?

Ideally, rental income should cover the mortgage payment for a rental property to ensure profitability and financial stability.