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While many renters do comply with insurance requirements, a sizable number of renters either find ways to circumnavigate the system and avoid having to purchase it, cancel it upon move in, choose to let it lapse or forget to renew the policy – and it happens more than…
The top storylines in multifamily this week are renter's insurance, screening an applicant's job history, outdoor amenities post-pandemic, the future of apartment demand, developers facing construction delays and merging technology and pets.
Requiring proof of renters insurance is standard procedure when a new resident signs a lease. Regardless of their proof of insurance at the time of move-in, many residents either cancel or choose to let it lapse, figuring they can live without it and cut an additional cost, or…
This week's top multifamily news headlines: The Power of SGTs: Prospects Trade in Their Own Currency, 6 Amenities That Attract Renters During Covid-19, The Problem With Stock Review Responses and more.