Texas  |  Real Estate Law

Legal Question

Asked on: 7/17/08, 8:52 pm

Business Liability Insurance

If I'm renting a piece of commercial property to someone and they are running a business from the property (in this case, a salvage yard) There is no rental contract because the renter is family, the only proof of rental is a monthly rent receipt, I have not required the renter to have a business liability insurance policy and someone gets hurt on the property, who is liable, the property owner or the person renting the property? Is there a chance that the property owner (which is me) can be sued?

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