Hundreds of landlords have been fined and/or debarred from doing business with the federal government as a result of failing to provide safe and decent housing for the poor, while enriching themselves on taxpayer-funded subsidies.
Tenants have been forced to live in terrible housing, and neighborhoods have suffered from housing eyesores.
HUD calls this a double crime--one against tenants as well as taxpayers.
At Rentlaw.com, we strongly believe that both the landlord and tenant are responsible for maintaining the home. Every tenant, whether subsidized or not, should take care of their space or home. The landlord must provide general care of the overall property.
To report a bad landlord call toll-free1-800-685-8470 / TTY 1-800-432-2209.
Thursday, September 07, 2006
Sunday, August 27, 2006
Renter's Insurance
Renters Insurance - Apartment, Rented House, Condo or Co-op. Protect yourself.
Renters Insurance policies are designed to indemnify (cover your loss) you in the event of a covered loss to your personal property and protect you in the event you are responsible for bodily injury or property damage to others. It is available for apartments, rented house, condo, co-ops, dormitories, and roommate arrangements. An estimated 75% of Renters do not have coverage.
More landlords are requiring Renters Insurance as a condition to rent.
·Renters Insurance
·Homeowner's Insurance Fact Guide
Suppose you have visitors to your apartment and someone slips on a wet kitchen floor and breaks an arm? Who is responsible for the medical costs? In most circumstances you.
Renters insurance in general provides "named peril" coverage, meaning the policy states specifically what you are insured against. Some named perils include Fire or Lightning, Smoke, Vandalism or Malicious Mischief, Theft, Accidental Discharge of Water and 10 or more others.
Liability coverage also includes Medical Payments coverage, which applies to nonresidents of the insured premises. This coverage pays for the actual medical expenses incurred up to the limit for a non-resident guest.
Always read the contract for specific explanations of coverage and exclusions.
Your Insurance Quote - Tip Click for your free quote.
When getting an insurance quote on your rental, condo or home, consider asking for a quote on an auto policy as well. Often the insurer offers a discount if you carry all your policies with the same company. Free Quotes from qualified agents. Start Here
Renters Insurance Costs
You might think you don't need Renters Insurance if you rent, but think again! Add up the cost of your furniture, your electronic equipment, your CD collection, computer, garments and other personal property. Can you afford to replace everything in the event of a fire or burglary? Renters Insurance is relatively inexpensive. The average cost of renter's insurance begins about $12 a month for around $30,000 worth of property coverage and $100,000 worth of liability coverage.
Rates vary depending on coverage and your location and the amount you want to cover.
Click for your free quote.
Landlord is Responsible, right?
Many renters are under the impression that their landlord's policy covers their belongings as well. Unfortunately that's not the case, and they often don't find that out until the worst possible time, after a disaster or a robbery. Your landlord's policy doesn't cover anything that's yours. The only exception to this would be if the loss was caused by negligence on the part of your landlord, and then you would still have to prove it in court. That is where Renters Insurance comes in.
Complete our simple, quick form to receive FREE Renters Insurance quotes so you can compare a number of renter insurance companies and plans to find the policy that gives you the best value for your money. You'll also have the unbiased information you need, like how a company rates in the business world, so you can feel safe with your decision.
If you're ready to find out more Click here for the quick Renters Insurance Quote form. See more on Rentlaw.com.
Renters Insurance policies are designed to indemnify (cover your loss) you in the event of a covered loss to your personal property and protect you in the event you are responsible for bodily injury or property damage to others. It is available for apartments, rented house, condo, co-ops, dormitories, and roommate arrangements. An estimated 75% of Renters do not have coverage.
More landlords are requiring Renters Insurance as a condition to rent.
·Renters Insurance
·Homeowner's Insurance Fact Guide
Suppose you have visitors to your apartment and someone slips on a wet kitchen floor and breaks an arm? Who is responsible for the medical costs? In most circumstances you.
Renters insurance in general provides "named peril" coverage, meaning the policy states specifically what you are insured against. Some named perils include Fire or Lightning, Smoke, Vandalism or Malicious Mischief, Theft, Accidental Discharge of Water and 10 or more others.
Liability coverage also includes Medical Payments coverage, which applies to nonresidents of the insured premises. This coverage pays for the actual medical expenses incurred up to the limit for a non-resident guest.
Always read the contract for specific explanations of coverage and exclusions.
Your Insurance Quote - Tip Click for your free quote.
When getting an insurance quote on your rental, condo or home, consider asking for a quote on an auto policy as well. Often the insurer offers a discount if you carry all your policies with the same company. Free Quotes from qualified agents. Start Here
Renters Insurance Costs
You might think you don't need Renters Insurance if you rent, but think again! Add up the cost of your furniture, your electronic equipment, your CD collection, computer, garments and other personal property. Can you afford to replace everything in the event of a fire or burglary? Renters Insurance is relatively inexpensive. The average cost of renter's insurance begins about $12 a month for around $30,000 worth of property coverage and $100,000 worth of liability coverage.
Rates vary depending on coverage and your location and the amount you want to cover.
Click for your free quote.
Landlord is Responsible, right?
Many renters are under the impression that their landlord's policy covers their belongings as well. Unfortunately that's not the case, and they often don't find that out until the worst possible time, after a disaster or a robbery. Your landlord's policy doesn't cover anything that's yours. The only exception to this would be if the loss was caused by negligence on the part of your landlord, and then you would still have to prove it in court. That is where Renters Insurance comes in.
Complete our simple, quick form to receive FREE Renters Insurance quotes so you can compare a number of renter insurance companies and plans to find the policy that gives you the best value for your money. You'll also have the unbiased information you need, like how a company rates in the business world, so you can feel safe with your decision.
If you're ready to find out more Click here for the quick Renters Insurance Quote form. See more on Rentlaw.com.
Landlords can also get more information or quotes on Landlord Insurance Policies.
Thank you.
The Rentlaw.com Team.
Originally published by Rentlaw.com October 2003.
Rentlaw.com
Rentlaw.com - The National Landlord Tenant Guides August 2006.
We're winding up this quarter with a whole new group of members - landlords, tenants and the rest who are interested in real estate - either as a first time homebuyer or investor.
For those of you have read our past articles on investing in real estate, you will note that our view of the rush to invest in new development projects (condos, housing developments etc) has come to a screeching halt - leaving some investgors and more so, home builders, scrabmling to "get out".
As my dad always said - "who could afford that...".
The individual wealth in on our country, and more so, those of investors from outside the US, created this mini-run on the price of real estate around the country.
Many well intentioned development projects as well as small town communities, were "attacked" by real estate investors looking for a quikc flip. Many were succesful, but at what cost?
Those impacted were and are the poor and the middle class. The poor, forced out by rising real estate prices when investors sell out of the original investment - either brining in new investors (and higher rents), second home buyers or the first time home buyer (a good thing).
When these investors sell, many will exchange the property, called a 1031 exchange, for a new investment property - usually more expensive then the previous. This in turns creates a demand for investment properties, contributing to the rise in real estate prices.
We're winding up this quarter with a whole new group of members - landlords, tenants and the rest who are interested in real estate - either as a first time homebuyer or investor.
For those of you have read our past articles on investing in real estate, you will note that our view of the rush to invest in new development projects (condos, housing developments etc) has come to a screeching halt - leaving some investgors and more so, home builders, scrabmling to "get out".
As my dad always said - "who could afford that...".
The individual wealth in on our country, and more so, those of investors from outside the US, created this mini-run on the price of real estate around the country.
Many well intentioned development projects as well as small town communities, were "attacked" by real estate investors looking for a quikc flip. Many were succesful, but at what cost?
Those impacted were and are the poor and the middle class. The poor, forced out by rising real estate prices when investors sell out of the original investment - either brining in new investors (and higher rents), second home buyers or the first time home buyer (a good thing).
When these investors sell, many will exchange the property, called a 1031 exchange, for a new investment property - usually more expensive then the previous. This in turns creates a demand for investment properties, contributing to the rise in real estate prices.
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