Who pays for damaged door
March 17, 2010
I have an investment property with a tenant occupying it -someone has broken in and broke the door – is it the responsibility of the landlord to repair it or is it the responsibility of the tenant? (using his renters policy for example?)
If the actions of the tenant or the tenant’s guests did not contribute to the damage, then the landlord would normally be responsible to repair the damages. Renters Insurance will not cover damage to the residence, only damage to the renter’s personal belongings. The landlord’s property insurance may cover the damages, however, in case of a criminal act.
Even in the instance of a tenant being responsible to pay for the damage to the door, it is probably in the landlord’s best interest to make the repairs and bill the tenant so as to prevent further damage to the property.
About the Author: Bob Cain
Some 30 years ago Bob Cain went to a no-money-down seminar and got the notion that owning rental property would be just the best idea there is for making money. He bought some. Trouble was, what he learned at the seminar didn’t tell him how to make money on his rental property. He went looking for help in the form of a magazine or newsletter about the business. He couldn't find any.
Always ready to jump at a great idea, he decided he could put his speaking and writing skills to work and perform a valuable service for other investors who needed more information about property management. So Bob ferreted out the secrets, tricks and techniques of property management wherever he found them; then he passed them along to other landlords.
For over 25 years now, Bob has been publishing information, giving speeches, putting on seminars and workshops, and consulting for landlords on how to buy, rent and manage property more effectively.
