Question

 Does a property management company need E& O insurance?

Answer On One Hand: Protect Your BusinessMany insurance brokers will recommend E & O insurance for property management companies because we live in such a litigious society, and an error can occur upon an... Read More »
http://www.answerbag.com/q_view/1901367

Top Q&A For: Does a property management company need E& O in...

Does a condo association need workers comp insurance if they have no employees and use a property management company for maintenance etc?

Usually, if the maintenance staff works for the property management company, the management company is responsible for bonding, licensing and insurance for the staff, which may include workers comp... Read More »
http://wiki.answers.com/Q/Does_a_condo_association_need_workers_comp_insurance_if_they_...

If a property management company doesn't have a renter for a property who is responsible for the mortgage payment The property management company or the landlord?

That is correct. The landlord is responsible for the mortgage payment as the investment property is ultimately his (name on the deed). And I also agree with the advice given below. A competent and ... Read More »
http://wiki.answers.com/Q/If_a_property_management_company_doesn%27t_have_a_renter_for_...

If a property management company forgets to pay owner for past month rent should the property management company still collect fee for services?

If they asked you on the application, and you lied, then, yes, technically, that is a lease violation that gives the landlord the right to terminate the lease. But, you make a very good point - why... Read More »
http://wiki.answers.com/Q/If_a_property_management_company_forgets_to_pay_owner_for_pas...

Does property management need public liability insurance?

Usually the new property management will send out a letter to the tenants announcing and introducing themselves to the existing tenants. If not, it is only a management company. They only manage th... Read More »
http://wiki.answers.com/Q/Does_property_management_need_public_liability_insurance


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