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Becoming a landlord comes with plenty of responsibility, as you're going to have tenants that live in your rental units and rely on you to maintain the property and address any issues they might have. As a landlord, you're going to need to learn how to handle certain situations to avoid lawsuits or costly evictions. Below are a few things you are liable for as a Landlord. Slips and Falls
Make sure that all your sidewalks and entryways are free of debris and potholes, even if you don't think you have anything harmful around. Always keep an eye out for cracked walkways or patches where water may have accumulated. If someone does fall, make sure they are okay and document what happened if it happens again. Assuming Responsibility for Tenants With Bad Behavior When you rent out your property, you will be tempted—or even pressured—to assume responsibility for your tenants' behavior. Give them a warning (if necessary) and evict them if they do not change their ways. This reduces your liability but clarifies that you hold them fully responsible for their actions. Violence You, as a landlord, are liable for any violence that occurs on your property, regardless of whether you or someone else invited it. If an intruder attacks one of your tenants, for example, and causes them serious bodily harm, you will likely be held responsible. Inspect the Premises As a landlord, your important duty is to provide a safe, livable property for your tenants. A landlord should inspect his property and make sure it is safe. Furthermore, if anything is damaged or broken, you should promptly make sure repairs are made. Final Thoughts If you're a landlord and have no idea what it means to be responsible for someone else's property, get yourself familiar with tenant laws. Tenants can sue you if they don't feel safe or if there are code violations. The best way to avoid legal trouble as a landlord is by being informed about your rights and responsibilities to know how far you can go in each situation. At Arnold Insurance Agency, LLC, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (318) 965-5953. Get your free quote today by CLICKING HERE. Coverage discussed in this article is not guaranteed. Please contact our agents today to ensure that your needs are being met and learn more about your policy. We are happy to help!
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