Translation - a building similar to the ones you CA guys buy turn-key in Ohio.

I just closed on a duplex that has tenants in both units. I sent them each a letter letting them know where to send the rent check, where their deposit will be held and the lease that reflects the same terms as the pa...

In layman terms it translates respectively to: (1) the law recognizes liability either by common law or statute, (2) the facts show that the party suffered money damages because of the defendants conduct, and (3) assuming that previous two are true, there are assets which we can take from the defendant to satisfy the judgment.

Opened an account in 2008, have done multiple translations and never once had a problem.

Its protected status will delay any proposed demolition or alterations for at least one year.

You cannot alter the deposit amounts based on the age of your renter (that is against the rules), unless you do so for everyone.

I don't know what 12% translates to in terms of dollars, but compare your new rent to market value for other rentals and decide if you want to move (and the cost of the move). 

The review is fact-based, and a court will typically examine whether the owner commingled funds between LLCs, represented one series LLC sub as an alter ego of the parent, and whether the sub truly carried out business as a separate entity or was merely a trade name.

Also, you may need to alter your message as well.

If you happen to decide to sell, and you like they way they handled the management, and believe great management translates to great sales ability (not the same skill set), you can list the property with them if they are the best ones to do it.