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That's just going to make everything worse. At least with a corporation there is the possibility of a joint lawsuit making it worth a lawyers time. With small
by treis 7y ago
That's just going to make everything worse. At least with a corporation there is the possibility of a joint lawsuit making it worth a lawyers time. With small time landlords they can nickle and dime their tenants because it's not worth a lawyer's time to go after $500 here and $1,000 there.
- hcknwscommenter 7y agoYou just made me chuckle. At least in SF, Landlords make great lawsuit targets. They have massive assets that are literally unmovable and unhidable. All land/building based financing is highly tracked and easily subpoenable. Just put a lien on the property and payment is pretty much guaranteed. Also damages can be astronomical. I've seen lawsuits end in 500K in damages for a single resident in a single rent controlled unit of a 2 unit building that was illegaly evicted. When you calculate the net present value of the rent control vs. market rent differential, that number is pretty much spot on. Lesson is: don't screw your tenant.