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In order for a condominium Association, which include all units owners, to operate efficiently, its members must pay their dues timely. If you are a property manager or in charge of a condominium association, then you understand the challenges of enforcing and collecting monthly dues and assessments. The question that is generally posed, is whether… Continue reading Can a Condo Association Cut Utilities for Non-Paying Owners?
Many business persons have ownership interest in many different businesses. Business persons take calculated risk in order to make a financial gain. it is important that those business persons understand what’s at risk when doing so. There is a common misconception that if an individual is personally liable for a debt that his ownership interest… Continue reading Can a creditor seize your ownership interest in an LLC?
Homeowners associations and condominium associations are generally a great benefit to those owning property and residing therein. Association documents include rules which are drafted with the intent to keep peace and harmony amongst owners. Unfortunately, all it takes is one nuisance owner or tenant to disrupt that peace and harmony. The question is often posed,… Continue reading Can a homeowners association evict a lessee?
Often times business owners incur emotional stress and severe inconvenience which can lead to the incurrence of actual damages. Louisiana law views a business, such as an LLC, separate and apart from an individual. For obvious reasons, a business is incapable of having its emotions or stress levels affected by a severe inconvenience. Louisiana Jurisprudence… Continue reading Can businesses claim damages for inconvenience or mental distress?
By FavretLawFirm
Jan 29, 2021