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What is Tenant Certificate Monitoring (TCM) and is it Mandatory?

April 26, 2017Certificate mandatory monitoring TCM tenant

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What is Tenant Certificate Monitoring (TCM) and is it Mandatory?

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TCM is a highly successful and desirable program. It is not mandatory. TCM is administered by Specialty Business Services, Inc. SBS, Inc. monitors your tenant(s) insurance certificates to ensure compliance with the insurance and indemnification conditions contained in your lease agreement. This information addresses important legal implications and should be a key consideration in your overall risk management practices. The cost of this service is based on number of tenants.