Theoretically they could sue you for payment, win a judgement and file a lein against the property.Your best approach would be to contact the hospital and assuming you did not have any insurance, offer a payment plan for 50% of the bill (for some reason hospitals charge higher for service to non-insured patients and insurances (including medicare) pay at a mush lower rate).

Lots were unbuildable due to the town homes lost during landslide after El Niño rain season.Let them both go to tax sale some years later.

JC - Having access to money to use to buy property can be an intoxicating thing and can sometimes lead to clouded judgement.

Drain it, drill a couple of holes for rain drainage, and leave it like that.

not to worry about judgements against the seller in a wrap transaction as they no longer own the property so the property can't be attached... due on sale is there its the alienation clause.. does it happen it can but not often.. but I had 2 called on me over the years.The danger in this transaction is squarely on the sellers credit. 

There is no reason to have your property tied up with a long term lease as the tenant can leave at any time and generally cannot afford to pay a judgement if you sue.

Thursday the rain stops , so I dig down and find the well ( its old style with a sanitary cap seal and its buried 2 feet down).

I told him if he cleaned the house and was out by the end if the month I would deduct $1600 for current month rent from his $2400 security deposit, refund him the $800 balance and not seek judgement for the remaining lease balance.

You will get people redeem you within 1 week and some that will redeem after two years only days before you would get judgement on a foreclosure. 

The concern is how to protect the entity's assets if the owner ends up with a personal judgement against him.