Insurance and Liability Law

Insurance and liability law in property management focuses on the responsibilities and protections for landlords and property managers regarding potential damages or injuries that occur on their properties. Insurance policies help cover financial losses from incidents like accidents or property damage, while liability law holds property owners accountable if they fail to maintain safe conditions. This area ensures that both property owners and tenants understand their rights and obligations, helping to mitigate risks and protect assets while promoting safety and compliance with legal standards.