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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (48967)2/23/2006 8:32:30 AM
From: Think4YourselfRead Replies (1) of 306849
 
Here's a liability that most people overlook:

If you own property with a sidewalk and don't shovel/clear it within a "reasonable" time after a snowfall, typically 24 hours, you are liable for any injury passers by have on your sidewalk. That includes rentals and vacant property.

Here's another one. Most towns have a leash law for pets. If you have a pet and it harms anyone while it is not on a leash of <= the required length, you're toast. I had this happen to me. Some folks were walking a dog and it ran under my bicycle, causing me to break my clavicle. Owner claimed I was negligent because I failed to warn them I was coming. Lawyers said no chance of that succeeding because they were breaking the law. They ended up settling out of court for $28,000+, and I saw a lot of six figure verdicts in the results of prior suits.

Funny thing is, their neighbors were willing to testify on my behalf. They said they were sick of the owners letting their dog poop on everyone's lawn.
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