Deposits are limited by New York statute.

WY for example has statutes that specifically address SMLLCs as having the same treatment and protection. 

@Myrtle Mike Thompson: Is the product gap that anyone can create an STR directory, but the real challenge is that these listings need to be informed by the local codes, bylaws, and statutes that actually govern whether a property can legally function as a short-term rental.Without that regulatory layer, users could be misled into purchasing properties they can't legally operate as STRs.

The Statute of Frauds, which exists in all states, and eminates from thr 1677 English Act, requires that contracts for real estate must be in writing.So there was no extension of your inspection contingency because there was no written agreement extending it.

I haven’t had any issues and I’ve been doing this for over 10 years. respectfully disagree, there is no gray area with a person on the DNC list when buying a list from a third party or getting someones info from a third party site if they did not sign up.The National Law Review points out that "Several definitions are unclear under the statute, leading to difficulties in compliance." 

All of this is specified in the NH Revised Statutes: https://law.justia.com/codes/new-hampshire/title-lv/chapter-...

For you Alabama readers: Alabama was an early adopter and so, per the statutes, has a one property exception.

Big news if you own rentals in Florida:Beginning July 1, 2025, the law (Florida Statutes § 83.50) now allows landlords to email legal notices.The catch: - You and your tenant must agree in writing in the lease. - The email address must be clearly listed.Why this matters: - No more printing, mailing, or taping to the door - Faster, trackable communication - Easier to prove delivery in courtIf your lease doesn’t have that clause, this won’t apply.

If nobody redeems, the judge forecloses the lien, quiets title, and orders the clerk to issue a deed to the investor.Because of a May 2024 statute amendment, anyone who has not received a final order of judicial foreclosure by 10/1/24 will be under the new rules.The new rules are the earliest you can foreclose your liens is 4 years after the first auction.

In the event that any capital is returned to a Member, such Member's Capital Contribution shall be adjusted to reflect such return.1.06 - "Capital Interest" shall mean an Interest that would give the Member a share of the proceeds if the Limited Liability Company's assets were sold at fair market value and then the proceeds were distributed in a complete liquidation of the Limited Liability Company.1.07 - "Code" shall mean the Internal Revenue Code of 1986, as amended from time to time and any successor statute or subsequent codification or recodification of the federal income tax laws of the United States.1.08 - "Deficit Account Balance" shall have the meaning set forth in Section 5.05.1.09 - "Distribution" shall mean any distribution pursuant to Section 5.04 by the Limited Liability Company of cash to the Members or any Distribution in Kind.1.10 - "Distribution in Kind" shall have the meaning set forth in paragraph (b) of Section 5.04.1.11 - "Interest" shall mean, in the case of any Member at any time, such Member's share of the profits and losses of the Limited Liability Company at such time and the right of such Member to receive distributions of Limited Liability Company assets to which such Member may be entitled as provided in this Agreement and applicable law as represented by such Member's Capital Interest or Profits Interest.1.12 - "Limited Liability Company" shall mean Test Storage, LLC, as such Limited Liability Company may from time to time be constituted.1.13 - "Losses" shall mean the net loss of the Limited Liability Company for a given reporting period.1.14 - "Manager" shall mean one or more Persons designated by the Members to manage the Limited Liability Company as provided in Section 6.01.1.15 - "Member" shall mean any Person who, at the time referenced, owns an Interest in the Limited Liability Company.1.16 - "Person" shall mean an individual, a partnership, a joint venture, a corporation, a limited liability company, a trust, an estate, an unincorporated organization or any other entity or a government or any department or agency thereof.1.17 - "Profits" shall mean the net income of the Limited Liability Company for a given reporting period.1.18 - "Profits Interest" shall mean an Interest other than a Capital Interest which entitles the holder to a share of the Limited Liability Company's profits.1.19 - "Substituted Member" shall have the meaning set forth in paragraph (a) of Section 7.01.1.20 - "Treasury Regulations" shall mean the regulations of the United States Department of the Treasury pertaining to the income tax, as from time to time in force.1.21 - "Unit" shall mean the capital units issued by the Limited Liability Company to its Members in exchange for Capital Contributions, which represent the Member's Interest in the Company.1.22 - "Value" shall mean, with respect to any Distribution, if cash, the amount of such cash, or if not cash, the value of such Distribution calculated to paragraph (d) if Section 5.04.ARTICLE IISTRUCTURE OF THE LIMITED LIABILITY COMPANY2.01 - Formation.