Governments in our Western democracies kow tow to the corporate world and get 'sold' the message that these entities, even when they prove breathtaking incompetence, somehow need saving - and then to add insult to injury, all at our cost.Agreed, this does offer a huge opportunity for those of us with the tools to operate in this market but for me, there is a bigger picture that can and will benefit humanity.

But it happens.Then to add "insult to injury", my buyers wanted their earnest money deposit back!!

However, Ive been out of work for over a year due to injuries from a pretty bad car accident.

It was 2 months later that he presented the $6,000.00 bill.When he said he's getting an attorney, I thought it was too small an amount for a legit injury attorney to make money on, unless to collect on a scam, with a few threatening demand letters.

Provide the tenant with a gate and let them sign a statement saying that they were provided one and are not responsible for any injuries hereafter 4.

Am I putting myself at risk for damages/injuries if my friends are not licensed and I get sued?

Owner shall indemnify, defend and hold harmless broker, and all person's in broker's firm, regardless of responsibility, from all costs, expenses,suits, liabilities, damages, attorney fees and claims of every type, including but not limited to those arising out of injury or death of any person, or damage to any real or personal property of any person, including Owner, for (i) any repairs performed by Owner or by others hired directly by owner; or (ii) those relating to the management, leasing, rental, security deposits, or operation of the Property by Broker, or any person in Broker's firm, or the performance or exercise of any of the duties, powers, or authorities granted to Broker.

Get a $5 Million umbrella policy, it will cost less than $500 a year, and don't do anything to get sued (don't have a handy man do electrical work, do respond if a tenant calls with a problem that could cause injury)Obviously a jury could award more than $5 Million in a suit, but to be honest, if you aren't doing anything wrong (you hide the fact that there was a gas leak, etc), chances of getting a verdict over that amount is very, very small, and the insurance company will pay for your defense (unless you hid that leaking gas pipe and 5 people were killed, then they will pay the $5 Million and tell you good luck)

It's critical to use an attorney who specializes in landlord/tenant law, not divorce, car accidents, or personal injury.

The plaintiff attorney has his eye on the big pot of insurance cash rather than trying to wring a few bucks from the owner's often rather slim pockets so he's going to add in claims for negligence and injury (doesn't always work but it never hurts to try).Most of the big stuff is covered though.