With all this NAR lawsuit business going around, I think people believe that a real estate agent slaps the property on the MLS and that's it.

To add to that, I saw one person recently quasi self soliciting on a post and if you google the person they have had several lawsuits or taking money 10+ years ago...

With 30% down your options are thousands of lenders.Why is it unwarrantable- master policy not enough coverage; low occupancy rate; HOA reserves; cannot be rebuilt or repaired; pending lawsuit in the less than 10 year after built for construction defect; flood zone with no flood policy...?

@Rehaan KhanPlenty of very good real estate attorneys out there and especially good ones who will tell you you all the risk involved - which is why many shy away from many of the “creative” financing deals going on right now which are just unqualified buyers finding ways to buy a home and those attorneys do not want to be part of the lawsuits later on.

That would be his issue with his lender.You would have the option of forcing him to complete the deal, he then has to work out the problems between himself and his lender, that is none of your problem or business.Have your attorney or the real estate agent's broker send a strongly worded letter as a warning about the consequences ( a lawsuit he is unlikely to win).

If you fail to follow the rules, you may open your personal assets to a lawsuit.

Did they pay the $100,000 into court when they filed their lawsuit?

Even on a trial you're assigned percentages of liability, and it is difficult to imagine what you could do in a condo to have 100% liability in any lawsuit.  

@Sam Trulli, have you ever thought about exploring single-family homes with in-law suites that can be sourced as an STR?

I have heard lot people put property's into an LLC for protection from lawsuit but they have multiple properties 5+.