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Re: Lease wording on inhabitable unit - Landlord Forum thread 352292

Re: Lease wording on inhabitable unit by Garry on May 21, 2017 @22:24

                              
Don't you mean "UN" inhabitable ? You forgot the "UN". No, you cannot change your lease now. You must work with whatever it currently says. But, contact your lawyer on Monday, and have him/her read your lease. I'm sure either it, or your state's LL/T laws say something about notices you must give if someplace cannot be lived in. You may even need to go to court to ask a judge to give you possession back, and you the ability to discard all of their possessions. That will all take time, so don't expect to be able to do anything for a month or two. Let your attorney send the proper letters/notices to your tenant. This sounds like it was a MAJOR fire, so let your attorney and your fire insurance company handle ALL of it. With something that major, you could be looking at 2-3 months, just to get into the place to start cleanup, and another 6-9 months before any of the units will be able to be lived in. So don't get in a hurry. Just do what all the "officials" tell you to do, and you"ll be fine. What ins.comps. do, is fix your place back up at their expense, and then go after the renter that caused the fire. If that T had no renters ins. your ins. co. will just eat the loss. However, a year from now, you could see your fire ins. premiums drastically rise, or they could even cancel you. But remember, by that time, you will have a mostly new complex, that is up to code, and ready to rent again.
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Re: Lease wording on inhabitable unit by Traci W (PA) on May 21, 2017 @22:49 [ Reply ]
Yes, I meant uninhabitable.
I understand I cannot change the lease for this situation, but I have three other leases up for renewal and want to be certain the same scenario does not occur. Thank you!

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