Is it normal for rental property to be damaged?
Is it normal for rental property to be damaged?
Let’s face it, it sometimes happens that your rental property gets damaged simply due to being inhabited. This is something unavoidable and happens to all sorts of rental properties.
Where did Ben Napier rebuild on home town?
In the Season 4 finale of HGTV’s Home Town, Erin and Ben Napier help rebuild a historic home in a neglected neighborhood of Laurel that was destroyed in last year’s tornado
Who is responsible for repairing damage to a rental property?
First of all, it is important to agree on who will cover the rental property expenses for fixing the problem. This somewhat depends on the rental lease agreement you have signed. Nevertheless, generally speaking, the tenant is the one who should cover the costs for the damage.
What to do when a tenant destroys your property?
Often when a tenant has destroyed rental property, they’ll leave— quickly. And sometimes they can be very difficult to track down. First, document everything with photos and video. Take pictures of any structural damage, garbage or debris left behind or other issues, like where your appliances used to be.
Who is responsible if a home is damaged but not destroyed?
The Fisher Law Corporation, a law firm based in Woodland Hills, California, says this party can hold insurance that protects the seller against loss and protects the buyer before they acquire their own homeowner’s insurance. When a home is damaged but not destroyed, the question of proceeding with the deal often comes down to cost.
What kind of damage can a tenant do to a house?
“If tenants break something in the house, it’s damage,” says Davis. “If tenants put a hole in the wall, it’s damage. If tenants burn holes in the carpet or scratch up the hardwood floors, it’s damage.”
What kind of problems did homes built in the 1930s have?
Unless the gaps between the planks are filled or well-insulated, basement or crawl-space fires can rocket upstairs. Homes built in the 1930s and earlier—and the occasional ’40s home—typically used clay sewer lines.
What kind of house was saved from foreclosure?
From fire-damaged to foreclosures and everything in between, get inspired by these unbelievable makeovers that’ll either give you the restoration bug—or make you really happy your renovation is over. Joe and Melissa P. saved this 1904 South Wayne, Wisconsin, farmhouse with seven bedrooms and no indoor plumbing.