Can a Landlord Require Renters Insurance?

Landlord Holds Keys to Rental PropertyWhile approximately 95% of homeowners in the U.S. have homeowners insurance, only about 57% of renters have renters insurance. Unlike car insurance, here in Massachusetts, renters insurance is not required by law. And although the benefits of having renters insurance are various, with policies starting at very low premiums, many still choose to go without in order to save a few dollars a month. But wait—not so fast. Even if it’s not a government mandate, landlords often ask that their tenants do make the investment. This begs the question: Can landlords be the ones to require renters insurance?  [Read more…]

Who’s Responsible for Rental Repairs—the Landlord or Tenant?

Plumber Fixing Pipes Under SinkIf you’re renting a place to live rather than buying the home, you may be enjoying the benefit of not having to perform the maintenance and repairs since it’s not your property. Sure, if a lightbulb’s burnt out or the smoke detector needs new batteries, you can and will handle it. But when it comes to larger projects and more serious issues, who’s physically and financially responsible for the rental repairs—you or your landlord? Well, it depends on the issue and who or what caused it. Let’s take a closer look at key distinctions.

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