Chris S.
setting up LLC in Ohio
8 January 2016 | 5 replies
It states that:[T]he corporate form may be disregarded and individual shareholders held liable for corporate misdeeds when (1) control over the corporation by those to be held liable was so complete that the corporation has no separate mind, will, or existence of its own, (2) control over the corporation by those to be held liable was exercised in such a manner as to commit fraud or an illegal act against the person seeking to disregard the corporate entity, and (3) injury or unjust loss resulted to the plaintiff from such control and wrong.The test is conjunctive and requires that the plaintiff can satisfy all three prongs of the test.
Chris Pincus
Help Landlord Taking Advantage!
9 September 2014 | 12 replies
The repair need not be necessary to prevent further in jury to the property to justify the use of the warranty; generally, substantial housing code violations are sufficient.
Christopher Veljkovic
Easment Issues within common driveway.
29 June 2018 | 7 replies
What happens if there is an injury on the common are?
Heidi M.
What do you supply tenants?
22 January 2015 | 35 replies
If the tenant reaches for the fire extinguisher you supplied and it does not work for any reason (including it losing its charge because they kept it too long) and they suffer a loss or injury they can sue you for supplying faulty equipment.
Clarence Bell
Attorneys for Building Code Violation?
3 August 2018 | 16 replies
Given national news over the years concerning injury and even many deaths resulting from defective decks you'd be wise to handle this situation promptly.
Matt Liu
Each property: its own LLC, Debit Card, HomeDepot Card, & Quickbooks file?
24 December 2014 | 20 replies
Injury.
Shane Kelley
Vacation Rentals
23 November 2016 | 12 replies
For this reason, it's standard to request a sizable damages deposit.Your rental management firm can also draft a rental agreement that holds the guests liable for the full cost of any damage or thefts, while releasing the owner from any liability for injuries that occur on the property.Similar to the procedure used for a car rental, your property manager can welcome the new guests and perform a walkthrough to note any existing damage.
Michael Totman
Small multi maintenance
5 June 2020 | 12 replies
Hire it out a lawn company would give you a great price for 3 properties, expense is deductible,, no worry about injuries or mower upkeep and honestly it's a no brainer if your not going to do it yourself.
Peter Morgan
I like pets but what are the disadvantages of renting with pets
22 June 2020 | 12 replies
Smaller breeds can bite, but one coming from a chihuahua poses a much lower risk of injury than a rottweiler’s.Future tenants can have allergies to animals, which may imply extensive cleaning or even renovations to make it suitable for them.Hope this helps!
Chris Haas
LLC realistic in PA when lending from a bank?
26 July 2013 | 1 reply
On a legal note, an LLC is meant to protect your personal assets in the event of a judgement BUT you can still be held personally liable if the injury was due to your negligence, so keep that in mind.