When reading the ETC contract, they have a lot of language about the IRA owner paying for attorney fees and defending ETC.

Its not whether its legal or not, its all about how much it costs to defend yourself in court..

Had the values been stated in the contract you would have a stated basis that could be defended.

Your LLC's asset protection just evaporated.Both you and the LLC will be named as co-defendents and your personal assets are exposed.Just my 2¢

how do you defend?

From what I understand, if this type of motion is requested by the defendant (tenant-buyer), it will usually be granted by a judge!

The tenant can claim that a good plumber would have completed the repair in a timely fashion and since the Landlord hired a bad plumber they were unable to use their home for another week.From what I know of the situation, it appears that the tenant is not exactly reasonable (like you would be for the same situation in your home) - they think dust on furniture is "damage" - so they could claim a bunch of things and it will be up to the Landlord to defend against the claims.

When the IRS asks for your accounts it will be up to you to defend the transactions.

A properly structured business entity may help limit your personal liability exposure if the entity is sued, but the entity does not pay the cost of defending against the lawsuit nor pay the judgment award if a lawsuit is successful.

INDEMNIFICATION: Lessee hereby covenants and agrees to save, indemnify and hold Lessor and its insurers, agents, and employees harmless in the event of any accident, occurrence, injury or loss to lessee, lessee's family, co-occupants, employees, invitees or guests, and to also defend, save, indemnify and hold lessor and its insurers, agents and employees harmless in the event of loss to such persons or anyone due to burglary, theft, robbery, fire, wind, rain, or other causes whatsoever.