Property Loss in Rented Locations

11/1/2019 (Permalink)

Waters covers the floor of a commercial sporting goods store

When buildings sustain damages due to poor weather, water or fire, the outcome can be stressful and expensive. A large quantity of commercial buildings are not operated by the owner of the location and are, in turn, rented to outside parties. When disaster strikes, it is imperative that the renter know who to contact. Having prior knowledge of where to locate the emergency 'shut off' valves for gas and water can be a major factor in how extensive the damages can become. Property owners are responsible giving consent for restoration to commence. No work can begin without the owner’s approval. Don't let unexpected events take you by surprise. Be prepared for any situation with having an 'Emergency Ready Plan' in place. It is an important tool for anyone who rents or owns a facility.