Can I be held liable for damage caused by my tenant in a condo unit?

Yes, you can be held liable for damages caused by your tenant in a condo unit in New Jersey. This is because a landlord is responsible for the conduct of their tenants. This means that as a landlord it is your duty to make sure that your tenants comply with all laws and regulations while living in your property. For example, if your tenant causes damage to another unit due to negligence, you could be held responsible for the damages and may be required to pay for the repairs. Likewise, if your tenant causes an injury to another person, you could be held liable for any medical expenses and legal costs they may incur. Another way that you could be held liable is if you fail to adequately maintain the property. This includes making sure the building and common areas remain in good condition. If your tenant causes injury due to unsafe conditions, then you may be held responsible. It is important that you take all necessary steps to protect yourself and your property from potential liabilities. This includes regularly inspecting the property, conducting background checks on potential tenants and ensuring that your tenants comply with all laws and regulations. Furthermore, you should consider purchasing landlord insurance to cover any potential damages caused by your tenants.

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Can I be held liable for damage caused by my tenant in a condo unit?

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