HOME » Insurance » Personal Property
Landlords Insurance - Determine the Landlord's Responsibilities
By Harmeet C Singh
Article Word Count: 405 [View Summary] Comments (0)
Ads by Google
Tenant Landlord Software 60 Day Free Trial, Increases Income Auto Posts Rents & Late Fees onsitepropertymanager.com
Student Accommodation Rooms,Flats,Houses,Bedsit In Central London www.nwalondon.co.uk
HVAC Control Systems WW, Regional, Country Data System Suppliers Compared, Shares www.arcweb.com/Research/Studies/
Ads by Google
Insurance
Find practical business information on insurance.
www.allbusiness.com
Corporate Letting Experts
Letting Service For Landlords Throughout Dublin Since 1995
www.propertyforpeople.ie
house design
10,000 images of house design. Galleries of house design
Look4Design.co.uk
MRI Safety Testing
Expert MRI Safety Tests for Implant Implants, Testing, ASTM Standards
magneticresonancesafetytesting.com
Hong Kong Properties
20,000+ New Listings. Maps & Info Great Deals & Values - Must See
www.PropGO.com
Return To Work Guidelines
ODG is the evidence based standard for expected disability duration
www.disabilitydurations.com
HVAC Building Products
directory of manufacturers of: ducts, vents, boilers, and more.
www.arcat.com
Prefabricated House
Prefab Steel Houses, Prefabricated Cement Board, Site Buildings, House
www.OzgeYapi.com
If in a building there is a water leakage and the flat is being rented out to a tenant, and also if the flat is on the top floor, leakages will also destroying the carpeting of the flat beneath. Not just the carpeting but the ceiling is also getting damaged due to the problem. So the question is that though the ceiling is covered under the landlords insurance, who will pay for the carpeting? Determining the responsibility of a landlord is the most important thing under this scenario. As two different properties owned by different individuals are considered here so which insurance policy must be claimed against is another questionable thing. This requires full knowledge on the subject of insurance.
Under the tenancy agreement the landlord is required to maintain the let out property. Also the landlord is bound by the agreement to meet certain obligations which is required under the agreement. These are:
• To maintain the exteriors and structure of rented out residence including external pipes, gutters and drains.
• To keep in shape the water heating and other room installations present in the rented out property.
• To maintain in perfect condition the water supply, sanitation and gas installations including sanitary conveniences, baths, sinks and basins.
Apart from these things the landlords insurance coverage does not cover repair for the rented out things within the accommodation like decorations or carpets. So in case there is seepage of water and it destroys the carpet it will not be repaired by the landlord as it is not covered under the coverage. Unless there is not any additional clause stated in the agreement in this regard it is the responsibility of the tenant to get it repaired.
The block insurance that is usually arranged by the company managing building insurance for the whole block can cover the damage of both flats. But in its absence the damage to the particular flat will be covered only by the landlords insurance of that flat. According to the tenancy agreement terms the owner can also put a claim against the tenant residing in that flat. The tenant can further claim the content insurance from its insurance provider. Though the matter can be handled in any manner but it is in the interest of both the parties to resolve it amicably. The landlords insurance with the proper terms and condition can help in dealing with the issue in the most suitable manner.
We provide cheap landlords insurance quotations for all types of residential and commercial let properties. Also available for UK landlords and home owners is our unoccupied property insurance product.
Article Source: http://EzineArticles.com/?expert=Harmeet_C_Singh
Harmeet C Singh - EzineArticles Expert Author
Ads by Google
Pad Residential
Estate Agents in Manchester Specialist in Sales and Rentals
www.getapad.co.uk
Firmenwohnung möbliert
Business Apartment in Giesing perfekte Verkehrsanbindung
www.munichflat.de
Fluted Drains
clear, with blue x-ray line or full ROP. Available in sizes 7mm & 10mm
www.ds-il.com
Patong - 3 room/2 bedroom
Lux apart., 90m2, pool, beach 150m From THB 1300/USD 35/EUR 30/day
www.swisspalmbeach.com
Student Accommodation
Furnished, secure, well located flats - Massey campus, Auckland
www.unihouse.co.nz/Student_Accommod
Like This Article?
Facebook Twitter StumbleUpon Delicious FriendFeed Digg
Rate This Article: 12345
Add A Comment Send To Friends Print This Article Add To Favorites
Suggest A Topic EzinePublisher Report Article Cite this Article
Close
Suggest a topic or article headline
you would like this author to write about.
Submit
Close
MLA Style Citation:
Singh, Harmeet C. "Landlords Insurance - Determine the Landlord's Responsibilities." Landlords Insurance - Determine the Landlord's Responsibilities. 2 Mar. 2011 EzineArticles.com. 15 Mar. 2011.
APA Style Citation:
Singh, H. C. (2011, March 2). Landlords Insurance - Determine the Landlord's Responsibilities. Retrieved March 15, 2011, from http://ezinearticles.com/?Landlords-Insurance---Determine-the-Landlords-Responsibilities&id=6026400
Chicago Style Citation:
Singh, Harmeet C. "Landlords Insurance - Determine the Landlord's Responsibilities." Landlords Insurance - Determine the Landlord's Responsibilities EzineArticles.com. http://ezinearticles.com/?Landlords-Insurance---Determine-the-Landlords-Responsibilities&id=6026400
CloseRecommend This Article
From:
To:
Message:
Send
Most Recent EzineArticles from the Insurance:Personal-Property Category:
* Check Out the Various Forms of Landlords Insurance
* Zander Insurance - Most Important 3 Things Everyone Should Know
* Advantages of The Landlord Insurance
* Landlords Insurance - Ensures Regular Income
* Understanding Landlord Insurance
* Why Most Conventional Insurance Is Occurrence-Based
* Contents Insurance - How to Know If You Have Enough Coverage
* How Can Total Amount of Landlords Insurance Be Estimated?
* How Is Landlords Insurance Crucial for a Proprietor's Security?
* Landlords Insurance - A Beneficial Affair
* March Is the Start of Tornado Season
* The Rewrite Values of Thatched Property Insurance
* Thatched Property Owners Insurance Services Discussed
* Some Important Facts About Landlord Insurance
* Landlord Insurance Quotes
More...
More Related EzineArticles:
* Landlord Insurance by IPS-Insurance
* With Landlord Insurance Who Pays for Water Damage in a Block of Rental Properties?
* Landlords Insurance - A Must Have For Every Landlord
* Comprehensive Landlord Insurance
* Purchase Landlord Insurance
* What You Need to Know About Landlords Insurance
* Landlord Insurance - The Ultimate Homeowner's Security
* Landlord Insurances Explained
* The True Importance of Landlord Insurance
* One-Third of Landlords Ignore the Appropriate Landlord Insurance
More...
Most Viewed EzineArticles in the Insurance:Personal-Property Category (70 days)
1. Need Insurance for Your iPhone 4? Be Sure to Compare Rates Before You Make Your Decision
2. What Is the Best Way to Get Cheap iPhone Insurance Coverage?
3. Personal Property (Home) Inventory Services - The Good News and the Bad News
4. Why You Don't Need Cell Phone Insurance
5. Mobile Phone Insurance - What It Covers And Where To Get It
6. Landlords Insurance: How Important Is It?
7. Information on the Reasons for Taking iPhone Insurance
8. Basic Facts About PPI Claims
9. Information On Reasons For Mobile Phone Insurance
10. When Do We Need Insurance?
More...
Most Published EzineArticles in the Insurance:Personal-Property Category (60 days)
1. Details Regarding the Title Insurance Policy
2. Understand the Renters Insurance Policy
3. Understanding the Condo Insurance Policy
4. Moral Hazard and Adverse Selection Under Landlord Insurance
5. Facts One Should Learn Before Opting for a Landlord's Insurance
6. A Personal Property Inventory - When You Don't Need One
7. No Shopping Without Purchase Insurance
8. Understanding the Expat Insurance Policy
9. Legal Compliance Under Landlord Insurance
10. Landlord Insurance - Some Perverse Effects
More...
This article has been viewed 14 time(s).
Article Submitted On: March 02, 2011
Ads By Google Risk Insurance Landlord Tenant Laws Property Insurance Homeowners Insurance
Article Source: http://EzineArticles.com/?expert=Harmeet_C_Singh
Landlords Insurance - Determine the Landlord's Responsibilities
By Harmeet C Singh
Article Word Count: 405 [View Summary] Comments (0)
Ads by Google
Tenant Landlord Software 60 Day Free Trial, Increases Income Auto Posts Rents & Late Fees onsitepropertymanager.com
Student Accommodation Rooms,Flats,Houses,Bedsit In Central London www.nwalondon.co.uk
HVAC Control Systems WW, Regional, Country Data System Suppliers Compared, Shares www.arcweb.com/Research/Studies/
Ads by Google
Insurance
Find practical business information on insurance.
www.allbusiness.com
Corporate Letting Experts
Letting Service For Landlords Throughout Dublin Since 1995
www.propertyforpeople.ie
house design
10,000 images of house design. Galleries of house design
Look4Design.co.uk
MRI Safety Testing
Expert MRI Safety Tests for Implant Implants, Testing, ASTM Standards
magneticresonancesafetytesting.com
Hong Kong Properties
20,000+ New Listings. Maps & Info Great Deals & Values - Must See
www.PropGO.com
Return To Work Guidelines
ODG is the evidence based standard for expected disability duration
www.disabilitydurations.com
HVAC Building Products
directory of manufacturers of: ducts, vents, boilers, and more.
www.arcat.com
Prefabricated House
Prefab Steel Houses, Prefabricated Cement Board, Site Buildings, House
www.OzgeYapi.com
If in a building there is a water leakage and the flat is being rented out to a tenant, and also if the flat is on the top floor, leakages will also destroying the carpeting of the flat beneath. Not just the carpeting but the ceiling is also getting damaged due to the problem. So the question is that though the ceiling is covered under the landlords insurance, who will pay for the carpeting? Determining the responsibility of a landlord is the most important thing under this scenario. As two different properties owned by different individuals are considered here so which insurance policy must be claimed against is another questionable thing. This requires full knowledge on the subject of insurance.
Under the tenancy agreement the landlord is required to maintain the let out property. Also the landlord is bound by the agreement to meet certain obligations which is required under the agreement. These are:
• To maintain the exteriors and structure of rented out residence including external pipes, gutters and drains.
• To keep in shape the water heating and other room installations present in the rented out property.
• To maintain in perfect condition the water supply, sanitation and gas installations including sanitary conveniences, baths, sinks and basins.
Apart from these things the landlords insurance coverage does not cover repair for the rented out things within the accommodation like decorations or carpets. So in case there is seepage of water and it destroys the carpet it will not be repaired by the landlord as it is not covered under the coverage. Unless there is not any additional clause stated in the agreement in this regard it is the responsibility of the tenant to get it repaired.
The block insurance that is usually arranged by the company managing building insurance for the whole block can cover the damage of both flats. But in its absence the damage to the particular flat will be covered only by the landlords insurance of that flat. According to the tenancy agreement terms the owner can also put a claim against the tenant residing in that flat. The tenant can further claim the content insurance from its insurance provider. Though the matter can be handled in any manner but it is in the interest of both the parties to resolve it amicably. The landlords insurance with the proper terms and condition can help in dealing with the issue in the most suitable manner.
We provide cheap landlords insurance quotations for all types of residential and commercial let properties. Also available for UK landlords and home owners is our unoccupied property insurance product.
Article Source: http://EzineArticles.com/?expert=Harmeet_C_Singh
Harmeet C Singh - EzineArticles Expert Author
Ads by Google
Pad Residential
Estate Agents in Manchester Specialist in Sales and Rentals
www.getapad.co.uk
Firmenwohnung möbliert
Business Apartment in Giesing perfekte Verkehrsanbindung
www.munichflat.de
Fluted Drains
clear, with blue x-ray line or full ROP. Available in sizes 7mm & 10mm
www.ds-il.com
Patong - 3 room/2 bedroom
Lux apart., 90m2, pool, beach 150m From THB 1300/USD 35/EUR 30/day
www.swisspalmbeach.com
Student Accommodation
Furnished, secure, well located flats - Massey campus, Auckland
www.unihouse.co.nz/Student_Accommod
Like This Article?
Facebook Twitter StumbleUpon Delicious FriendFeed Digg
Rate This Article: 12345
Add A Comment Send To Friends Print This Article Add To Favorites
Suggest A Topic EzinePublisher Report Article Cite this Article
Close
Suggest a topic or article headline
you would like this author to write about.
Submit
Close
MLA Style Citation:
Singh, Harmeet C. "Landlords Insurance - Determine the Landlord's Responsibilities." Landlords Insurance - Determine the Landlord's Responsibilities. 2 Mar. 2011 EzineArticles.com. 15 Mar. 2011
APA Style Citation:
Singh, H. C. (2011, March 2). Landlords Insurance - Determine the Landlord's Responsibilities. Retrieved March 15, 2011, from http://ezinearticles.com/?Landlords-Insurance---Determine-the-Landlords-Responsibilities&id=6026400
Chicago Style Citation:
Singh, Harmeet C. "Landlords Insurance - Determine the Landlord's Responsibilities." Landlords Insurance - Determine the Landlord's Responsibilities EzineArticles.com. http://ezinearticles.com/?Landlords-Insurance---Determine-the-Landlords-Responsibilities&id=6026400
CloseRecommend This Article
From:
To:
Message:
Send
Most Recent EzineArticles from the Insurance:Personal-Property Category:
* Check Out the Various Forms of Landlords Insurance
* Zander Insurance - Most Important 3 Things Everyone Should Know
* Advantages of The Landlord Insurance
* Landlords Insurance - Ensures Regular Income
* Understanding Landlord Insurance
* Why Most Conventional Insurance Is Occurrence-Based
* Contents Insurance - How to Know If You Have Enough Coverage
* How Can Total Amount of Landlords Insurance Be Estimated?
* How Is Landlords Insurance Crucial for a Proprietor's Security?
* Landlords Insurance - A Beneficial Affair
* March Is the Start of Tornado Season
* The Rewrite Values of Thatched Property Insurance
* Thatched Property Owners Insurance Services Discussed
* Some Important Facts About Landlord Insurance
* Landlord Insurance Quotes
More...
More Related EzineArticles:
* Landlord Insurance by IPS-Insurance
* With Landlord Insurance Who Pays for Water Damage in a Block of Rental Properties?
* Landlords Insurance - A Must Have For Every Landlord
* Comprehensive Landlord Insurance
* Purchase Landlord Insurance
* What You Need to Know About Landlords Insurance
* Landlord Insurance - The Ultimate Homeowner's Security
* Landlord Insurances Explained
* The True Importance of Landlord Insurance
* One-Third of Landlords Ignore the Appropriate Landlord Insurance
More...
Most Viewed EzineArticles in the Insurance:Personal-Property Category (70 days)
1. Need Insurance for Your iPhone 4? Be Sure to Compare Rates Before You Make Your Decision
2. What Is the Best Way to Get Cheap iPhone Insurance Coverage?
3. Personal Property (Home) Inventory Services - The Good News and the Bad News
4. Why You Don't Need Cell Phone Insurance
5. Mobile Phone Insurance - What It Covers And Where To Get It
6. Landlords Insurance: How Important Is It?
7. Information on the Reasons for Taking iPhone Insurance
8. Basic Facts About PPI Claims
9. Information On Reasons For Mobile Phone Insurance
10. When Do We Need Insurance?
More...
Most Published EzineArticles in the Insurance:Personal-Property Category (60 days)
1. Details Regarding the Title Insurance Policy
2. Understand the Renters Insurance Policy
3. Understanding the Condo Insurance Policy
4. Moral Hazard and Adverse Selection Under Landlord Insurance
5. Facts One Should Learn Before Opting for a Landlord's Insurance
6. A Personal Property Inventory - When You Don't Need One
7. No Shopping Without Purchase Insurance
8. Understanding the Expat Insurance Policy
9. Legal Compliance Under Landlord Insurance
10. Landlord Insurance - Some Perverse Effects
More...
This article has been viewed 14 time(s).
Article Submitted On: March 02, 2011
Ads By Google Risk Insurance Landlord Tenant Laws Property Insurance Homeowners Insurance
Article Source: http://EzineArticles.com/?expert=Harmeet_C_Singh
No comments:
Post a Comment