Who Knew? Landlords Can't Force Terrorism Insurance On Renters

February 13, 2007
|  Tags:
On Tuesday afternoon, The Real Estate got a strange email from Westchester-based PR man Rich Roher.
Today's decision by the NYS Appeals Court, reversing a June 2005 NYS Supreme Court decision, effectively says that a landlord cannot compel a leasee to acquire terrorism insurance if terrorism is not specifically included in the lease's named perils policy. In other word's [sic], landlords must specifically state in a lease if they will require leasees (or their assigns) to have terrorism insurance.

Frankly, we didn't know landlords ever had the chance to force terrorism insurance upon anyone. But, apparently, they can't anymore.

More to come from Warren Estis of Rosenberg & Estis, the lawyer who represented the Appellant from 9 West 57th...

- Max Abelson
  • del.icio.us
  • Digg
  • Reddit
  • Newsvine
  • Google
  • Yahoo
  • Technorati
  • Facebook
  • Stumble Upon
  • Netvibes
  • Windows Live

Comments
Post a comment

BA (not verified) says:

So where can an individual get terrorism insurance. I tried and couldn't find any.

February 14, 2007 7:20 AM

Post a comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd><br> <p> <i> <b> <embed> <img> <blockquote> <span> <strikethrough> <u>
  • Use <!--pagebreak--> to create page breaks.

More information about formatting options

By checking this box you are giving permission for Observer staff to contact you to obtain contact information and permissions required for publication.