Consultants Forum   |   FacilityLocations    |   FastFacility    |   Advertise   |   Subscribe   |   Newsletter   |   RSS RSS
Inward Investment Guides
Sub-Landlords Should Require Tenants/Co-Occupants to Carry Liability Insurance
Just as the master-Landlord requires general liability insurance to occupy space within the building, so should a sub-landlord
In a shared leasing/sublet arrangement should you require the other company to purchase site insurance?
 

Andrew Harnish, CCIM
Yes. Just as the master-Landlord requires general liability insurance for the master-tenant to occupy space within the building, a sub-landlord should also require that a subtenant (or co-occupant or vendor) carry general liability insurance. Insurance requirements vary within leases and state-by-state, so check in with your local attorney. For example, it might be advised that you and/or your co-occupant carry not only general liability insurance, but also all-risk (loss of business), hazard, and worker’s compensation.
X
Save/Share Article
If you have site selection or facility planning questions send them to Ask Area Development. A member from our network of industry experts, consultants, and authors will answer:


News Items
 
Around The Web
 
Studies/Research
News Items
 
Around The Web
 
Studies/Research
State Resource map
Click on any state for links to current state news and data, contact directory, corporate taxes, financial and business incentives, credits, grants and available buildings and sites
State Resource Sponsor