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https://www.greenbergglusker.com/publications/when-corporate-officers-are-personally-liable/
On a seemingly weekly basis, we see corporate officers handcuffed and policeescorted away, in full glare of the press. They are being charged with corruption and are the subjects of governmental investigations, shareholder lawsuits and the public’s unquenchable thirst for payback. And they are receiving harsh sentences and lengthy jail terms.
https://reshield.com/blog/management-and-professional-liability-for-real-estate-companies/
https://legalbeagle.com/12717738-can-the-officer-of-a-corporation-be-held-personally-liable.html
Ordinarily, an officer cannot be held personally liable, as long as he is acts within the scope of his authority and within the bounds of the law. The only exception to this protection is if a case can be made that the corporate entity is merely a shell that the owners are using to defraud the public. Independent Entity
https://www.berkmansolutions.com/articles/entities/real-estate-investment
https://www.singleton.com/2017/07/personal-liability-of-directors-and-officers-for-corporate-contracts/
When a corporation enters into a contract, its directors and officers will not generally be held personally liable for any breach or default of the contract—assuming they have not engaged in fraud, illegality, or other improper conduct. According to Pageant Media, however, they could find themselves personally liable even absent such conduct.
https://www.noglaw.com/suing-corporate-officers-employees-personally-misconduct/
There is an additional exception to the protections against individual liability – an officer or employee can be sued individually where the corporation is accused of a tort in which the shareholder/officer/employee personally participated. Tort liability applies regardless of whether the corporate veil is pierced.
https://www.loopholelewy.com/loopholelewy/01-tax-basics-for-startups/corporation-11h-real-estate-in-corp-name.htm
Corporate Liability If you own real estate inside a corporation and the corporation is sued, property owned by the corporation could be lost. For example, if you own an office building and someone slips on the lobby floor as a result maintenance failure (i.e. water spilled on the floor), the corporation could be sued.
https://www.nolo.com/legal-encyclopedia/personally-liable-llc-corporate-debt-bankruptcy.html
A corporation or LLC's owners may also be held personally liable if they are found to have committed fraud. If the owner made fraudulent representations or omissions when applying for a business loan, he or she can be held personally responsible for the resulting harm to the creditor and risk losing personal assets.
https://www.forbes.com/sites/stephendunn/2011/11/13/officers-personal-liability-for-their-companys-unpaid-taxes/
States have parallel schemes for holding officers personally liable for their business’ undeposited taxes. Michigan law, for example, provides that any Michigan tax which a business incurs but ...
https://www.thetaxadviser.com/issues/2018/sep/leasing-property-corporation.html
An individual who rents real estate to a corporation receives income that is exempt from self - employment (SE) income (Sec. 1402 (a) (1)). The exemption also applies to personal property that is leased with real estate. However, there is no exemption from SE income if personal property alone (i.e., without real estate) is leased to a corporation.
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