Lease/op Question

Currently living in a house I will be Lease/Op'ing starting in October. How do I deal with insurance? Do I just keep the same insurance on the house as I have now or would the insurance company want to know if this is a rental or not?

Comments(1)

  • 2000rock23rd August, 2003

    jeffvb9,

    You ARE renting ...NOW...Right?

    On a L/O...YOU WILL STILL BE RENTING...

    LEASE...../and the .....Option...

    ...when YOU exercise the OPTION...YOU are buying ...

    ...and that is when YOU have to get YOUR OWN....HomeownersPolicy.

    I hope YOU have a RentersPolicy??NOW!!


    ....as always,


    GoodInvesting, Rocky

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