risk management

来源: Flower_River 于 2014-10-29 19:41:05 [] [旧帖] [给我悄悄话] 阅读数 : (592 bytes)

As I understand, the binding parties for a lease contract should be the property owner and the tenant. The management company only runs the operation on owner's behalf (owner's agent) and get paid mgmt fee. When law suit arises (in most cases against the owner even damage caused by mgmt company), insurance company will be your first defense. The pursed remedy which your insurance could not cover will be covered by your LLC assets if the property is owned by the LLC. After LLC assets is exhausted, it will be dissolved. The remaining liability can not go after your personal assets.

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