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MIAMILAW1127, Attorney
Category: Business Law
Satisfied Customers: 755
Experience:  Founding Partner at Moises Law, P.A.
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I am a realtor, my broker has been added to a lawsuit on a

Customer Question

I am a realtor, my broker has been added to a lawsuit on a trip and fall on a property that I managed...they cant touch her because she is a llc...I am worried they will add my name to this......if I do an llc before that happens am I protected? Thank you, Gelinda
Submitted: 1 year ago.
Category: Business Law
Expert:  MIAMILAW1127 replied 1 year ago.

Hello. Thank you for contacting me. My name is***** am a consultant here and I am looking forward to assisting you with your question. If at any point any of my answers aren’t clear please don’t hesitate to ask for clarification. Please be patient as I will be typing my responses to you from scratch. Also, I can only answer/address the questions you ask specifically based on the information your provide. Please try to provide as much information as possible so I can best assist you.

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Expert:  MIAMILAW1127 replied 1 year ago.

If someone tripped and fell at a property, they typically go after the homeowner's/commercial insurance policy as a third-party.

Although they cannot touch your broker personally, they can get a judgment against the LLC.

Furthermore, you will not be able to retroactively create an LLC to try to avoid the liability. You needed to be incorporated at the time of the incident.

Customer: replied 1 year ago.
Thank you
Expert:  MIAMILAW1127 replied 1 year ago.

You are very welcome. Please do not forget to rate my response at your earliest convenience.