Thanks for the welcomes Levi Gale, Tracy Royce and Justin S., good to see other East Valley people on BP.

He Levi,I'm not quite sure myself.

Late fees / NSF fees here are stipulated in the residential tenancies act not to exceed what the bank would levy for an NSF cheque.

It's my understanding There was no tax levied on her (Because she inherited it) at the time she received the money and she was free to invest it as she pleased, this is something I need verification on.

Real estate is by far the easiest asset to levy.

And they are also responsible to pay, whether justified or not, any fines the city levies on their animal (such as in a case where the city does not allow pits or livestock). 

@Yoni Ramras, that's probably a question for your attorney, but my understanding is NO, unless the bank requires you to sign a guarantee on behalf of your other LLC(s).Btw, a fun fact in Missouri--my stat--is that a lender/collector cannot garnishee or levy an asset or account owned by spouses, unless both spouses signed to personally guarantee the debt. 

@Levi T. - great idea.

There's also the 4% General Excise Tax (GET), which you will need to apply and register for a GE License.

If the purchase agreement says you can assign or doesn't specifically say you can't, then you can.Because of excise transfer taxes, nobody double closes.