Spunkywads26
Well-known member
We have had the same yard for over 20 years and had numerous leases to cover this. In the early leases it stated that the landlord was liable for insurance to cover the premises (Buildings cover). Then about 6 years ago the section of the lease changed to state that the landlord is to get the insurance but can claim the cost from us (tenant) should he so wish. Now the lease states that we (tenant) are liable to get the insurance and should take it out in joint names of us & landlord.
This has all seemed to stem from the current management agent employed by the landlord to oversee their property portfolio. Previous agents have been pretty good and understanding, but these new parasites are very aggressive.
Also the area we are situated has been under regeneration for some years but due to recession it has slowed down. Something does not seem right to me.
Finally is there anybody who could advise me as to the legality of insuring a property which I do not own but only rent? If I need a policy could I get advise on that?
Cheers :wacko:
This has all seemed to stem from the current management agent employed by the landlord to oversee their property portfolio. Previous agents have been pretty good and understanding, but these new parasites are very aggressive.
Also the area we are situated has been under regeneration for some years but due to recession it has slowed down. Something does not seem right to me.
Finally is there anybody who could advise me as to the legality of insuring a property which I do not own but only rent? If I need a policy could I get advise on that?
Cheers :wacko: