Posted on 29 June, 2010 in Landlord-tenant by aaronklaw
Did you know that an owner of a rental property that lives out of state must have an in-state statutory agent? Arizona Revised States Section 33-1902 requires an out-of-state landlord to have an in-state agent, which is not the same as a “property manager”. A statutory agent is a person or entity that accepts legal service on behalf of the out of state landlord. Failure to comply with this statute can result in a $1,000.00 fine, plus an additional $100 fine each month.
In addition to this requirement, a landlord is required to have certain [...]
Read More
Posted on 25 June, 2010 in Contracts by aaronklaw
For most people, two things come to mind when the word contracts is mentioned: binding and boring. It’s true, spending 18 hours sifting through a double sided 50 page document is not as exciting as say, doing a trial. It’s still important, and by making sure your contracts are properly reviewed and ironclad you can avoid some of the headaches later on. Drafting a contract is not a cookie cutter process, and its not something to take lightly. Many of the problems I see are the result of people who have drafted their own contracts. A lot of headaches could [...]
Read More
Posted on 22 June, 2010 in Collections by aaronklaw
Growing up, I would often hear my parents talk about the financial health of their business. Although the conversations mostly centered around its success, there were occasions when they discussed some of the problems. Specifically, clients that owed them money. It was from these conversations that I learned the hardest part of owning a business, debt collections.
Debt collection is a tough subject to address as a business owner. Many choose not to pursue collecting on a debt because they believe the person has no assets or they do not want to deal with the headaches associated with collections. I see [...]
Read More
Posted on 21 June, 2010 in Uncategorized by aaronklaw
Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!
Read More