They would have to dispute the charge to have it reversed after making the payment right?

* What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuits* How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?

He never tried to shrug off the responsibility of the repair and the resolution of the issue.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

By 87 both the VA and the Resolution Trust Corporation had 2 page ads every Friday and Saturday with all of their properties for sale.

Things like time of the essence clauses, legal fees in the event of a dispute, time frames, inspection contingencies, lots that we change during attorney review, which, Chris is right, if you don't have an attorney, vast majority of the time, your buyer or your seller will, so you're at a disadvantage.

Here's the rundown, briefly for any tenant that gets damaged by this kind of irresponsible business practice. 1) Tenant is reported by you, the furnisher of information, to a Credit Reporting Agency, a CRA;2) Tenant pulls credit, sees your debt;3) Tenant disputes the reporting to the CRA, under the FCRA, section 1681s citing you have no court order (therefore without authority) ;4) CRA is required to investigate the dispute by the furnisher of information.

LLCs have less paperwork than corporations, but all my major decisions like retirement plans, bank accounts, or accountable plans have resolutions documenting them. 

Hey @Bukka Levy was there a final resolution to this?

Wendy, wishing you a resolution in your favor up north of us!