While no one likes to think about lawsuits (except for perhaps litigation attorneys), they are a fact of life—one that association boards and property managers need to prepare for with directors and officers (D&O) liability insurance. Previous articles have addressed how…
Insuring apartment buildings and condominium and co-op buildings can be complicated. Understanding where the responsibilities lie between owners and tenants—as well as what insurance you can and should require from tenants—can be equally complex. And if you sit on the…
You don’t discriminate against potential or current tenants. You’re careful to treat everyone equally. So why do you need Tenant Discrimination Insurance? Because your potential liability goes far beyond your own words and actions. In some cases, what one of…
Landlords can require tenants to be responsible for sidewalk winter conditions per the lease agreement, but the NYC sidewalk law ruling of 2019 demands caution.You’re an out-of-possession landlord. To satisfy NYC sidewalk law, the agreement you have with your tenants…