The 5 People Every Business Owner Should Know

You’re an entrepreneur for a few reasons: You want to make money, you want to make a difference, or want to control your own destiny. The main reason, though, is because you just feel a drive to do it and that drive consumes you. You are, as Michael O’Neal from The Solopreneur Hour would say, … Continue reading “The 5 People Every Business Owner Should Know”

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What Happens to the Lease if there is a Fire?

As a landlord, you may find yourself in the unfortunate situation of a fire in the property. Lots of questions will come up about how to proceed, and it’s important to proceed correctly. NRS 118A.400 gives the details of what happens to the lease. Take a look:   1.  If the dwelling unit or premises … Continue reading “What Happens to the Lease if there is a Fire?”

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What Are Your Tenant’s Basic Obligations?

Tenants don’t always understand the extent or limitations of their rights in your property. Some may think they can to do whatever they want because they pay you rent. That is not the case. Tenants have several basic obligations that they must live up to on a daily basis. These are described plainly in Nevada … Continue reading “What Are Your Tenant’s Basic Obligations?”

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I am the Gatekeeper

Utah Strictly Enforces Preliminary Notice Requirement on Bond Claims A federal district court recently submitted an interesting ruling regarding Utah’s private bond statute. Utah Code Annotated section 14-2- 1(2) requires the posting of a bond on any private commercial construction project exceeding $50,000. The payment bond is for the protection of all persons supplying labor, … Continue reading “I am the Gatekeeper”

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An Emerging Strategy of Claimants – Nevada’s Unfair Claims Practices Act

Gaining momentum – and being explored by at least one local municipality – are actions and claims against sureties for violation of Nevada’s Unfair Claims Practices Act (“Act”). See NRS 686A.310. Claimants seek not only compensatory damages, but also punitive damages – to incentivize the surety to pay otherwise questionable or invalid claims. In our … Continue reading “An Emerging Strategy of Claimants – Nevada’s Unfair Claims Practices Act”

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