- Joined
- Oct 10, 2007
- Messages
- 4,733
a question for RTO experts - what happens when tenants are responsible
for repairs and do not undertake them? Wouldn't many owners be left with
potentially huge liabillity?
Ie
RTO tenant does not repair property as needed
RTO tenant does not purchase property
RTO leaves to USA etc..
Owner has possession of property that might have had water damage not
dealt with for X years and $80K in repairs needed vs $2K i originally
dealt with and owner has no recourse as tenant AWOL = no litigation
possible?
for repairs and do not undertake them? Wouldn't many owners be left with
potentially huge liabillity?
Ie
RTO tenant does not repair property as needed
RTO tenant does not purchase property
RTO leaves to USA etc..
Owner has possession of property that might have had water damage not
dealt with for X years and $80K in repairs needed vs $2K i originally
dealt with and owner has no recourse as tenant AWOL = no litigation
possible?