Operating a rental property is a business, and sometimes, you need to make the difficult decision to evict a tenant. Whatever the reason, you should get legal counsel before attempting to evict a tenant because a failure to follow the legal requirements for an eviction will result in the court denying your attempt to evict the tenant and could result in civil liability for you, the landlord.
When you started your small business, you probably benefitted from others who have started this journey – advice, stories, referrals, etc. But copying another business’s contract could put your business at risk.
When deciding whether to create and form a business entity, individuals must consider not only the form of the entity (i.e. corporation, limited liability company, limited liability partnership), but also whether that entity form should be a professional services entity.
A business entity is a separate legal being from the actual business owner, created to engage in business or trade. For many business owners, the most important aspect of the business entity is the entity’s structure, which creates the ability to separate the debts of the business from the owner or owners.