[RPPTL LandTen] N-1003 - Landlord Tenant Committee: Renters insurance issue

Wed Mar 11 07:37:49 PDT 2015

I have sent the question to the chairman of the insurance committee to see if they have any input.

This email message was sent by:
_________________________________________
Lloyd Granet | Board Certified Real Estate Attorney
Law Offices of Lloyd Granet, P.A.
2295 NW Corporate Boulevard, Suite 235
Boca Raton, FL 33431
Direct Dial:  (561) 999-0090
Main Number:  (561) 999-9300 x110
Fax: (561) 999-9400
Email: lgranet at granetlaw.com<mailto:lgranet at granetlaw.com>

NOTICE:  IRS Circular 230 Disclosure:  In order to ensure compliance with IRS Circular 230, we must inform you that any U.S. tax advice contained in this transmission and any attachments hereto is not intended or written to be used and may not be used by any person for the purpose of (i) avoiding any penalty that may be imposed by the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any tax-related matter(s) addressed herein.

NOTICE: This communication is: (a) sent by an attorney or his/her agent, (b) confidential, and (c) intended only for the use of the individual or entity to which it is addressed. If the addressee is a client, this communication is also subject to applicable privileges. If you are not the addressee, or the employee or agent responsible for the delivery to the addressee, any dissemination, distribution or copying of this communication is prohibited. If you received this communication in error: (a) any dissemination, distribution or copying is prohibited, and (b) Lloyd Granet, P.A. requests that you immediately notify us at (561) 999-9300 (collect) and destroy this communication. Thank you.

From: landten-bounces at lists.flabarrpptl.org [mailto:landten-bounces at lists.flabarrpptl.org] On Behalf Of Harry Heist
Sent: Wednesday, March 11, 2015 10:13 AM
To: 'RPPTL Landlord Tenant Committee'
Subject: Re: N-1003 - Landlord Tenant Committee: [RPPTL LandTen] Renters insurance issue

Agreed on the mortgage deal Dennis and the self-storage scam. I paid it myself then showed them my homeowner's policy and they removed it but even that was just for MY property, not if I burned down the storage unit.

Does anyone have any law on this?

My guess is that the tenant will not be able to get insurance on their own thus getting the $9 - $11 extra hit each month and worse yet, it is possible the apartments will profit from this and I was under the impressions that if they are not an insurance company, they cannot get any profit from providing or selling or whatever is going on.

If someone out there knows insurance law, I will just refer this to them and possibly many more to them as this is popping up. Same addendum so I presume there is an insurance company who targets apartments pushing this nationally.

Harry

LAW OFFICES OF
HEIST, WEISSE & WOLK P.A.
PH: 1 800 253 8428
FAX: 1 800 367 9038
"Serving the Property Management Professional"
Website:  www.evict.com<http://www.evict.com/>
Email: harry at evict.com<mailto:harry at evict.com>
[cid:image001.png at 01D05BE7.6AB31A80]<https://www.facebook.com/pages/Heist-Weisse-Wolk-PA/343965575625870>

Visit us on Facebook

THIS E-MAIL MESSAGE IS CONFIDENTIAL, ATTORNEY-CLIENT PRIVILEGED, AND INTENDED FOR THE PERSONS NAMED ABOVE ONLY.  ALL OTHER USE, COPYING, OR DISTRIBUTION IS STRICTLY PROHIBITED.

From: landten-bounces at lists.flabarrpptl.org<mailto:landten-bounces at lists.flabarrpptl.org> [mailto:landten-bounces at lists.flabarrpptl.org] On Behalf Of Dennis Chen
Sent: Tuesday, March 10, 2015 9:59 PM
To: RPPTL Landlord Tenant Committee
Subject: Re: [RPPTL LandTen] Renters insurance issue

Harry,
That is common with mortgage lenders.  If you stop paying they will purchase an insurance policy that only insures the lender's interest.  That is fine in a mortgage situation because the borrower owns the house.  I don't think it is appropriate in a residential landlord-tenant situation because the tenant has no ownership interest in the property and the landlord is just passing along their insurance cost to the tenant.
It seems to be an additional source of income for landlords.  My storage space sent me a notice and started including a bill for something like that.  I had to provide a copy of my homeowners insurance policy for them to stop billing me.

Dennis A. Chen, Esq.
Chen Law Firm, PA
13360 W. Colonial Dr, Ste. 470
Winter Garden, Florida 34787
Tel:   (407) 392-1872
Fax: 1-866-571-3421
dennis at chenlaw.net<mailto:dennis at chenlaw.net>

Bankruptcy * Civil Litigation * Landlord/Tenant * Personal Injury * Real Estate Litigation
******** NEW ADDRESS effective 1/5/2015 ********
Physical address is listed above.  The new mailing address is:

Chen Law Firm PA
PO Box 784419
Winter Garden FL 34778

Telephone and email remain the same.

CONFIDENTIALITY NOTICE: This e-mail, including any attachment, contains legally privileged and confidential information and is intended solely for the recipient. Should the intended recipient forward this message to any person or entity, that action could constitute a waiver of the attorney-client privilege. If the reader of this message is not the intended recipient, you are hereby notified that any review, dissemination, distribution, or copying of this communication is prohibited. If this communication was sent or received in error, please notify us by reply e-mail and delete the original message.

On Tue, Mar 10, 2015 at 4:00 PM, Harry Heist <harry at evict.com<mailto:harry at evict.com>> wrote:
Here is a doozy.

Apartment community wants tenant to purchase renter's insurance (not just the cheapo contents insurance) This is the insurance that covers what a tenant may do to the premises. (usually fire/flood) I am seeing this particular form pop up all over.

1.      They require it and it is the type that covers liability for damage to landlord's property (fire, flood)

2.      If the tenant does not get it or it lapses, they then charge the tenant $11 per month and they buy it from whoever they want and it insures the LANDLORD, not the tenant.

This is way out of my league.  This is a landlord forcing a tenant to pay for insurance that does not even cover the tenant.

See attached.

Anyone really know their stuff on this?  I think I need to refer this out.

Having a policy where another person/company is an additional insured is one thing and is totally common  but charging a person to buy insurance for another person/company when it does not even cover the person who is paying for it???

Harry

LAW OFFICES OF
HEIST, WEISSE & WOLK P.A.
PH: 1 800 253 8428<tel:1%20800%20253%208428>
FAX: 1 800 367 9038<tel:1%20800%20367%209038>
"Serving the Property Management Professional"
Website:  www.evict.com<http://www.evict.com/>
Email: harry at evict.com<mailto:harry at evict.com>
[cid:image001.png at 01D05BE7.6AB31A80]<https://www.facebook.com/pages/Heist-Weisse-Wolk-PA/343965575625870>

Visit us on Facebook

THIS E-MAIL MESSAGE IS CONFIDENTIAL, ATTORNEY-CLIENT PRIVILEGED, AND INTENDED FOR THE PERSONS NAMED ABOVE ONLY.  ALL OTHER USE, COPYING, OR DISTRIBUTION IS STRICTLY PROHIBITED.

_______________________________________________
landten mailing list
landten at lists.flabarrpptl.org<mailto:landten at lists.flabarrpptl.org>
http://mailman.fsr.com/mailman/listinfo/landten

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/landten/attachments/20150311/0aa0a0a6/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.png
Type: image/png
Size: 1382 bytes
Desc: image001.png
URL: <http://mailman.fsr.com/pipermail/landten/attachments/20150311/0aa0a0a6/image001-0001.png>