One of the most difficult and often neglected areas of leasing comes after the destruction of property, when a homeowner or commercial tenant is forced into temporary space while the destroyed property is being rebuilt.
Imagine the scenario: Due to a flood, a fire or other casualty, a homeowner suddenly needs to find temporary shelter.
Or, a retail shop owner or office tenant, against incredible odds, finds his or her business decimated and has to relocate to a temporary location without losing a beat.
|Pitfalls and challenges
These are not easy prospects, but they are ones in which risks and inconveniences can be lessened, and the savvy insurance adjuster/agent can turn adversity into an advantage by working closely with a team of professionals to make sure that the damaged party gets back on his or her feet as quickly as possible.
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