No, landlords do not hold all the liability. The real risk is on the renters. Every day I go to work, but if I lose my job and can’t pay rent, I could be homeless in a few months. That’s real liability.
If some rich fuck might lose a hundred grand, hey that would suck, but they’ll be fine. Their life will go on just like it always did.
If a property rental gets wrecked and the insurance, which the landlord pays, doesn’t cover it then who owes the bank the remainder of a loan equivalent to 5x the renters annual income?
No, landlords do not hold all the liability. The real risk is on the renters. Every day I go to work, but if I lose my job and can’t pay rent, I could be homeless in a few months. That’s real liability.
If some rich fuck might lose a hundred grand, hey that would suck, but they’ll be fine. Their life will go on just like it always did.
If a property rental gets wrecked and the insurance, which the landlord pays, doesn’t cover it then who owes the bank the remainder of a loan equivalent to 5x the renters annual income?
A) The Tenant
B) The Landlord