Let's say a possible tenant found your home or apartment for rent and you did a background check on them and it comes back squeeky clean but you find out that they have legal problems such as divorce or they did an unlawful act and they are in litigation because of it.

Seriously...can't we get them to focus on punishing real crime.

While it's true that anyone can sue anybody and everybody for anything, many lawsuits are settled on terms favorable to the defendant merely because of the entity holding title.The headlines are made when a huge judgement is entered or when a judge or jury elect to throw out corporate law and "punish" a particular individual by piercing the entity veil.

And therein lies the challenge; some banks don't care (the ones that make sense), and some banks are out to prove a point by wanting to "punish" the borrower by blacklisting them from the property via a document called an "arm's length affidavit".

Did you serve them with an Unlawful Detainer order?

In addition, are there any special stipulations you put in your agreement regarding when your tenant is supposed to pay, late payment punishments, and any other important clauses Thanks :roll:

Most all notes have provisions for assignment of rents, not doing so becomes fraud and embezzelment or an unlawful collection of bank funds/assets.

Someone who will punish you for it if you ask for it early, and charge you fees either way when it's time to take it out.

Does the local government of the market you choose make it hard on you or easy on you to get and create jobs and do they punish or reward your success?

It's terrifying when senior officials do "untransparent" deals...whether it's financing off-shore drilling or awarding defense contracts to companies the officials' have large stakes in, it's all very scary...It's sad when the American people have to question the motivations of our administrations...for example, whether things like energy policies and wars are kicked off simply for the pursuit of personal gain by politicians.And dirty politicians should be punished to the fullest extent of the law, whether that be impeachment or even war crimes tribunals...