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Fire Insurance: If Your Tenant Contributes To Insurance, Buy Insurance
September 9, 2014

Fire Insurance: If Your Tenant Contributes To Insurance, Buy Insurance

If a landlord collects contributions to fire insurance from tenants as part of the lease agreement, the expectation is that fire insurance will be purchased. In reasons released last week, Giddings Holdings Ltd. v. High, 2014 BCSC 1658, an unfortunate landlord failed to insure his building despite the lease including a proportionate contribution by the tenants to…

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