Who’s responsible for rental property damage after massive storms?

first_imgWe manage a large number of properties around the Brisbane region. So, when announcements start getting sent out about severe weather patterns property managers start strapping on the head gear, getting the high vis out and bracing for impact.Many of our colleagues around the state, especially in north Queensland, have been inundated by calls of damage but in the inner city Brisbane region we faired quite well.The main areas of damage have occurred in flood prone areas or with properties that had pre-existing roofing issues.It is however a timely reminder for investors of the importance of insurance and addressing maintenance requests as quickly as possible.Insurance premiums that include flooding have spiked since the 2011 floods. Adding a flood cover to your policy can add thousands of dollars to your premium, so the question is often asked “do I need it?”.The large majority of the contents will be the tenants responsibility and fall under their contents insurance, which means even in times of flooding you may not need to claim.So its not always necessary. But it is insurance and when you need it you tend to really, really need it.Our advice to clients relates to ‘return on investment’, how much will it cost and can you afford to cover it if the worst happens? The answer to those questions holds the answer.More from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor6 hours agoWho’s responsible for the clean up when big storms hit.Planning for these emergency situations will ensure that when disaster strikes you and your property are as protected as possible.However, where costs can shift from tenant to landlords are in those situations where there are pre-existing requests for maintenance about leaking rooves or where blocked drains have gone unanswered.This can potentially put landlords in the firing line if they haven’t acted on these requests and what would have been a tenants cost can now be passed on to the owner.In this age of litigation and when consumer protection watchdogs are at their most alert it is essential landlords are up to date with their responsibilities. Maintenance must be kept up to date and there is now even more compliance certification needed.There is a lot of bottle neck legislation that pushes compliance onto landlords. Currently it’s a landlords responsibility to ensure safety switches are complaint, smokes alarms are checked and serviced as well as pool fences all certified to current state compliance laws. Checking these items has now created an entire industry of compliance services businesses and there will be more checks to come.Owning an investment property does come at a cost and providing shelter similarly comes with a responsibility. Every property investor should be allocating a portion of their annual budget for prevention maintenance, reactive maintenance, insurance and compliance.last_img read more

Chinese hotshots reign supreme at Asian Games

first_imgGold medallist Yang Haoran (C) of China, silver medallist Deepak Kumar (L) of India, and bronze medallist Lu Shaochuan (R) of Taiwan pose for photographers during the medal ceremony for the men’s 10m air rifle at the 2018 Asian Games in Palembang on August 20, 2018. AFP PHOTO / ADEK BERRYChina’s sharpshooters reigned supreme at the Asian Games on Monday as they won both the men’s and women’s 10m air rifle titles and also secured top spot in the women’s trap.Yang Haoran, 22, and Zhao Ruozhu, 20, were crowned champions  in the men’s and women’s air rifle after shrugging off strong challenges from India and South Korea respectively.ADVERTISEMENT DepEd’s Taal challenge: 30K students displaced Nadine Lustre’s phone stolen in Brazil It was a second medal in two days for both shooters after they combined to win silver in the mixed team event on Sunday.Yang, the 2014 world champion, notched up a Games record total of 249.1 in Palembang, ahead of India’s Deepak Kumar at 247.7, while Taiwan’s Lu Shao-chuan took bronze with 226.8.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSTim Cone still willing to coach Gilas but admits decision won’t be ‘simple yes or no’Not to be outdone by her Chinese team-mate, Zhao also pulled off a Games record of 250.9.That put Zhao, who was runner-up in last year’s Asian championships, narrowly in front of Korea’s Jung Eun-hea on 248.6. Mongolia’s Nandinzaya Gankhuyag secured bronze with 227.4. Peza offers relief to ecozone firms Agony and ecstasy as lifter Ri takes North Korea’s first Asian Games gold Don’t miss out on the latest news and information. LATEST STORIES View comments Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’ Third place went to Korea’s 27-year-old Daemyeong Ahn.Sports Related Videospowered by AdSparcRead Next Gov’t in no rush to rescue animals in Taal Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Later, Zhang Xinqiu won the women’s trap with a score of 45 points, narrowly beating Korea’s Kang Gee-eun on 44 to claim China’s seventh shooting gold on day two.Zhang, 23, broke into a huge smile and she jumped up and down, her fist pumping in the air after a miss by her 27-year-old opponent handed over victory.“I felt like all my hard work had finally paid off,” she said afterwards with a beaming smile. “I was so excited and emotional.”In the men’s trap, Taiwan’s Yang Kunpi, 20, beat India’s 19-year-old Lakshay Lakshay with a score of 48 to take gold — and afterwards revealed he hadn’t even looked at the scores. “I didn’t check the score — I just concentrated on breathing,” he said, posing for photos holding his gun above his head.ADVERTISEMENT ‘High crimes and misdemeanors’: Trump impeachment trial begins MOST READ Palace OKs total deployment ban on Kuwait OFWs Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Will you be the first P16 Billion Powerball jackpot winner from the Philippines?last_img read more

Young mother charged for trafficking

first_imgGeorgetown Magistrate Leron Daly on Thursday placed 21-year-old Kimberly Jupiter on $100,000 bail when she appeared in her court to answer a trafficking-in-person charge.It has been alleged that on March 7, 2018 at Independence Boulevard, La Penitence, Jupiter had in her possession 236 grams of cannabis for the purpose of trafficking.Police Prosecutor Richard Harris told the court the marijuana was found in a room the defendant occupied with several other persons, but Jupiter admitted to the Police that the cannabis belonged to her boyfriend, who was not at the said house at the time.Defence Attorney George Thomas, who represented Jupiter, told the magistrate that his client has no previous or pending matters before the court, and is mother of a six-month-old baby. Thomas asked that bail be granted in a small sum.There was no information provided in relation to the person whom Jupiter described as her “boyfriend”.Bail was granted, and the matter was adjourned to April 4.last_img read more

Trackers come from behind to beat Rangers, remain in 1st place

first_imgWith the win, the Trackers improved their record to 18-7-2, one point clear of the second place Peace River Royals for the top spot in the Bouchier Division.Next up for the team is a date with the Grande Prairie Athletic Club Storm on Sunday at the North Peace Arena. Puck drop is at 11:00 a.m. FORT ST. JOHN, B.C. – The Northeast B.C./Yukon Trackers came from behind to defeat the Fort Saskatchewan Rangers over the weekend.The Trackers scored early and often in the first period as Connor Bowie broke the ice at 3:47, assisted by goaltender Dakota Olson. Seven minutes later Curtis Hammond netted his first of two goals in the frame as he finished off a great passing play between Connor Kindrat, Aiden Craig-Steele and himself. Hammond made it 3-1 a minute and thirty-six seconds later, Craig-Steele and Bowie were the setup tandem this time round. Bowie ended the goal spree with ten seconds to play as he finished a give and go sequence with Hammond while shorthanded. The Trackers took a 4-2 lead in the middle stanza.The home side allowed a total of three shots in the middle frame and all three resulted in goals as they couldn’t find the net on seventeen of their own chances. The team skated into the second intermission down a goal.- Advertisement -At 10:26 of the final frame Nick Loewen bulged twine after finding a loose puck off chances from Kindrat and Bowie to tie the game. Three minutes later Bowie netted his second powerplay tally of the night after some pretty passing between Craig-Steele, Hammond and himself. That stood as the final goal as the Trackers held on for a 6-5 victory.The line combination of Bowie, Craig-Steele and Hammond combined for 11 points.“It was one of those games that you were glad it’s over,” said head coach Gerard Dicaire. “We outshot them 46-11 and came out with the two points to remain in first place in our division. Being down 5-4 heading into the third we were pleased with the boys for being composed and battling back. That was our objective to obtain two points and we succeeded in doing that. Now it’s back to work this week to prepare for Grande Prairie on Sunday.”Advertisementlast_img read more