Renters Legal Liability LLC (RLL) provides a specialized risk management solution for the multifamily housing industry. Instead of traditional renters insurance, RLL offers a property damage loss waiver program that property managers can require tenants to enroll in. This program covers the property for damage caused by residents' negligent acts, such as fire, smoke, explosion, and water discharge, up to a specified limit. It is designed to mitigate financial risk for property owners and ensure they are compensated for tenant-caused damages, simplifying the recovery process. RLL is part of the Yardi Systems family of companies, a leading provider of property management software, and its services are often integrated within the Yardi platform.

Founded in

United States