Worker's Compensation Coverage

As property managers, we all get calls from individuals seeking to provide one type of service or another for our property repair needs. Most of these folks do not carry workman's compensation and tell you they don't need to do so. They contend they are independent contractors, thus any injury incurred while working on your rental property is not a liability to the property manager or the owner of the property. Allow me to quote part of an attorney's opinion on this subject: "Property managers that manage income-producing real estate for others, by law are a statutory employer for any person proving work on those properties. This is true, even if the worker is a bona fide independent contractor."

Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit Meer and Company website at www.meerandco.com.