adamInTheGong replied to the topic How to invest without the fears/risks in the forum General Property 13 years, 6 months ago
Hi Jamie,
My understanding is that it cannot be enforced due to “Third Line Forcing” issues – but I would think a Landlord could “prefer” tenants that have such protection over those that do not.
The other option would be for the landlord to take out a policy but not sure how that would work for the underwriting of the insurance?
Adam
adamInTheGong replied to the topic How to invest without the fears/risks in the forum Hi Anthony,
There is a new 13 years, 6 months agoHi Anthony,
There is a new answer to 4) and that is for the tenant to take out insurance to protect their rental payments. This helps a tenant who would usually be considered a good tenant to keep paying rent in case they lose their job through no fault of their own. Obviously this also helps the landlord mitigate their risk of losing the…[Read more]