Denied insurance claim with EBM because tenant was in arrears

Discussion in 'Property Management' started by menty, 10th Jul, 2018.

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  1. menty

    menty Well-Known Member

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    Thanks for your help Brett. This has been sorted and claim paid.
     
    menty, 19th Jul, 2018
    #21
    Dan Wood, Perp, Scott No Mates and 5 others like this.
  2. Never giveup

    Never giveup Well-Known Member

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    How does the tenant arrears work in Victoria? My understanding is if tenant is in arrear but not for 14 days then legally PM can't issue warning letter and in that instance what to do to fix the rental arrears before takeing out new policy?
     
    Never giveup, 20th May, 2019
    #22
  3. D.T.

    D.T. Specialist Property Manager Business Member

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    Have the policy in place when you buy the property, don't take it up after the issue has occurred.
    Would you take out life insurance after a terminal cancer diagnosis?
     
    D.T., 20th May, 2019
    #23
  4. MyPropertyPro

    MyPropertyPro REBAA Buyer's Agents Sutherland Shire & Surrounds Business Member

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    Unfortunately based on this your tenant was in arrears on the 03/05. On the 05/05 they made a rent payment to bring the rent back to a paid to of 03/05 (with a small part payment) but on the 03/05 they were in arrears.

    - Luke
     
    MyPropertyPro, 21st May, 2019
    #24
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