Category : Property Management Examples. view
Topic : Red sky property management ltd. view
Author : Ella Balmain.
Published : Sat, Apr 13 2019 :2 PM.
Format : jpg/jpeg.
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When a property manager is hired by a rental property owner, they perform a variety of services on behalf of the owner. In general, a property manager will not have the same financial interest in the home as an owner, however, they do take on the risk and liability as if they are the Homeowner, leaving them at risk to claims concerning the home itself. Some example of claims that are not covered by a typical property manager’s insurance policy includes injury on the property, burglary, fire, water damage, etc. In order to remain protected from all angles, you should require that the homeowner add you, as the property manager, as an additional insured to their landlord insurance policy.
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