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Guide for Insurance statement on Tenancy Agreement?
Thanks Kaye. So you just issue that as a simple paragraph statement on the TA? Example, " the property building and chattels excluding contents are insured and an excess of $1150 applies"
No I photocopy top page of Insurance Doc and then add it to both mine and Tenants lease docs that way the Tenants have it on Insurance Co letterhead so they know it's genuine and not some knock off copy paste doc.
I agree with Kaye. We blank out the details of the owner and simply put the front page in. That way, the tenant can go to the companies web site to get the latest full document.
We also include the full healthy homes report we get. Just adds more pages to the contract.
Note specifics for multi unit properties, common areas / shared facilities. That is trickier than it first appears, not sure body corp committees understand they have to provide insurance information to landlords.
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