Property Owners and Rental Property Management
Under the class action settlement you may be eligible for compensation if your property is located in areas determined to have been affected by the gulf oil spill. If you have suffered losses because your property was affected by the Gulf oil spill, you deserve compensation. Contact the Gulf of Mexico oil spill attorneys of Williams Kherkher today at 800-821-1544 for more information on your legal rights.
Rental Property Management/Rental Properties
We often see clients who own a condo or beach house that they rent out for some or part of the year. In many cases, the owner of this property has at least two separate claims: (i) a Business Economic Loss claim; and (ii) a Coastal Real Property claim. If they were attempting to sell that property during a defined time period they may also have a Real Property Sales claim. We have several clients who were totally unaware of this, despite the fact they had hired a so-called “claims processor” to handle their claim.
Under the Class Action Settlement there are important deadlines that mandate you must file all your claims within a defined time period. For this reason it is very important that rental property owners and managers consult with a qualified law firm immediately. Once the deadline expires there is nothing we can do.
Rental property management companies typically market an inventory of homes and condos owned by third-parties. Rental property management companies were hit very hard by the BP Oil Spill, and it is no surprise to us that over 100 have chosen to hire us. We have expertise in these types of claims, particularly on the issue of whether rental property management companies qualify as “Tourism” businesses under the agreement. Why is this important? Tourism businesses get a substantially higher Risk Transfer Premium than non-tourism. In one case, this classification meant an additional $800,000 in compensation to the client.
Did you know your local HOA probably has a claim? We represent over 25 HOAs and so far have been able to recover money for all of them.
At Williams Kherkher, we are dedicated to helping our clients get the compensation they need following the damage to their property. We may be able to help you if your case involves:
If your property has been affected by the oil spill in the Gulf of Mexico, you may be able to take legal action against those responsible. Types of compensation you may be eligible for include:
- Health Problems caused by Fumes and Chemicals
- Loss of Profits and Earning Capacity
- Removal Costs
- Property Damage
- Cancelled Reservations
Coastal areas are environmentally-sensitive areas, and the massive oil spill in the gulf can have devastating effects for the environment and property owners alike. Please visit our locations page for more information on affected areas and areas that may be affected by this massive spill.
For many individuals, beach front property represents a substantial investment of their personal finances. If you have suffered financially from the recent oil spill, you deserve to be compensated for the investment that you have lost. If your property has been damaged due to the recent Gulf Coast oil spill, contact the Gulf oil spill lawyers of Williams Kherkher at 800-821-1544 to discuss your legal options.