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.

How about the extra out state investor tax some states came up with..this just adds insult to injury.

., selling for a price high enough to recoup those costs), the worst may be a significant liability claim for an injury of some sort if you fail to maintain liability insurance or they refuse to pay for some reason (if you get notice from the city of a dangerous condition that you don't remedy, the insurer usually/often won't pay).

But, if I'm doing a full renovation, I'll almost always pull the proper permits.Going back to Chris' point, I will ALWAYS use a licensed contractor to do work that has the potential to result in injury or safety concerns.

The resulting injuries were tears in the disks inside my spine leaking fluid causing pain.

Single family with a fenced yard, I would allow it under the circumstances that all tenants sign a liability waiver for any injuries and carry a renters policy to cover their liability.

So personal injury attorneys better get out of doing loan mods just as quick as they got in.

Does the incurred liability effect hazard insurance rates or does it just expose you to more liability from injury lawsuits?

Remember even if you don't know about something and it comes back later guess who is responsible for knowing all of this, you the realtor.Here are the most frequent claims made against realtors, fraud, negligence, breach of contract, breach of duty, misrepresentation regarding floods or leaks, misrepresentation regarding the value of property, misrepresentation regarding the condition of the property, consumer protection act, bodily injury, property damage and earnest or escrow disputes.How do you protect yourself as a real estate professional, take a look at what I offer as in legal service, some people compare this to insurance, I say its more of an assurance so you can worry less and live more.

I'm not worried about the breed themselves (I'm a pit bull owner), but I don't want a dog biting one of the kids in the neighborhood and being sued (I feel like if they're responsible enough to have the requirements, they're responsible enough to watch their dogs around kids) Also, can I put in the rental agreement that they have to pay for any damages, including any injuries from the dog and carry additional insurance?