Question on Insurance with L/O?

Hello!

  1. Who pays for insurance when structuring a L/O?
  2. Do i just have my Leasee get his own>??

Thank You!!

The owner, YOU, are the one with the insurable interest, along with your lender.

You buy a landlord’s policy, not a homeowners policy.

What Gerald said. And don’t forget to tell your tenant/buyer to get renters (content) insurance for their belongings.