A landlord is responsible for protecting their investment from anything that could lead to loss of value or damage to it. Landlord liability is anything that a landlord can be held liable for from harm or injury caused to or by tenants or by violations of the warranty of habitability, which demands that a tenant has rights to a livable state. Landlords are not automatically liable for all injuries tenants suffer at their rental properties. Tenant's injuries are generally the landlord's responsibility only if the landlord's actions (or inaction) were careless and caused or contributed to the injury. That being said, It isn't a complete shock when sometimes landlords are held liable for injuries to guests or visitors coming to the rental.
Here is a list of things that a landlord can held liable for:
How can landlords minimize financial losses related to liabilities mentioned above, and how can the landlord liability insurance help?
Your tenant’s safety is of utmost importance and as a landlord it should be given the highest priority when addressing the necessary features and services being provided to your tenants. The RealCube platform offers unparalleled preventive and corrective maintenance functions that allow you to always stay keep your properties in the best possible condition while offering robust security and access management features. With RealCube your tenants can rest assured that their safety is being well taken care of.
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