NAICS UNIVERSITY · Free research for insurance agents
Lessors of Other Real Estate Property
NAICS 531190 · United States · 2022 edition
This industry comprises establishments primarily engaged in acting as lessors of real estate (except buildings), such as manufactured home (i.e., mobile home) sites, vacant lots, and grazing land.
Start the review with premises liability.
For Lessors of Other Real Estate Property, the saved research highlights premises liability, tenant use hazards, environmental liability. Confirm how these arise in the actual operation, what controls are used and whether additional services change the proposed coverage.
Questions to ask
- What type of land is being leased — manufactured home sites, vacant lots, grazing land, or a mix?
- What activities are tenants permitted to conduct on the land under lease terms?
- Are there any owned improvements on the property — roads, utility connections, community buildings, fencing?
- Does the lessor employ any on-site staff, managers, or maintenance workers?
- Is there any history of environmental contamination or prior industrial use on the land?
- Have there been any prior liability claims related to the property or tenant activities?
- For Lessors of Other Real Estate Property, what should the underwriter know about known prior environmental contamination or industrial use history on the leased land?
- For Lessors of Other Real Estate Property, what should the underwriter know about high-hazard tenant activities such as recreational events, motorsports, or extraction operations on the land?
Activities described by this code
Other activities to examine
- Acting as lessors of buildings used as residences or dwellings, including on-site manufactured (mobile) homes: 531110 — Lessors of Residential Buildings and Dwellings
- Acting as lessors of buildings (except miniwarehouses and self-storage units) that are not used as residences or dwellings: 531120 — Lessors of Nonresidential Buildings (except Miniwarehouses)
- Renting or leasing space for self-storage: 531130 — Lessors of Miniwarehouses and Self-Storage Units
- Operating public and contract warehousing and storage facilities (except self-storage): 4931 — Warehousing and Storage
- Providing colocation services (i.e., rental of server and networking space in data centers): 518210 — Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
- Operating docking and/or storage facilities for pleasure craft owners: 713930 — Marinas;
- Providing parking space for motor vehicles: 812930 — Parking Lots and Garages
Census classification reference
For educational purposes only. AI-generated insurance research and automated logic can contain errors. Independently verify classification and coverage decisions.
Compare another operationInsurance operations research — draft
Establishments in this class act as landlords for land itself rather than buildings — leasing manufactured home sites, vacant lots, grazing pastures, or other open land to tenants who occupy or use the land under lease agreements. Day-to-day operations may be largely passive (rent collection, lease management) or may involve maintaining roads, utilities, or common areas depending on the operation type.
Questions to investigate
- What type of land is being leased — manufactured home sites, vacant lots, grazing land, or a mix?
- What activities are tenants permitted to conduct on the land under lease terms?
- Are there any owned improvements on the property — roads, utility connections, community buildings, fencing?
- Does the lessor employ any on-site staff, managers, or maintenance workers?
This insurance research was generated in April 2026. It has not received a complete human review. The October 12, 2026 audit checked codes and titles only, not descriptions or coverage assertions.