As cases of the new coronavirus increase here in the US, the crisis has led to a number of questions from condominium boards to the effect of: What should we do to protect the condominium and its members? What is our responsibility for the…
Tag: Liability
Insurance is cyclical; there are hard markets and soft markets, and insurance companies typically make money in two ways: underwriting profit, and investment income. When the market is soft, insurance companies are looking for market share,…
Security in multifamily buildings isn't a one-sided job; both boards and residents must cooperate to make sure property and people are safe. In this clip, a security pro gives us a few tips on how administrators, staff, and those who call b…
When a resident is, or appears to be struggling with mental health issues, knowing what to do or how to help can be a tough call. In this clip, two industry pros talk about boards' obligations - and limitations - when it comes to navigating…
Everyone wants to feel safe and secure in their homes -- but it's easy to get carried away and waste resources on over-the-top security measures that may not actually be warranted. In this segment, multifamily security pros discuss how they…
Mental health and mental illness are two topics many are reluctant to address - but when a resident in a co-op, condo, or HOA community is struggling, sometimes that struggle can impact their neighbors, board, and management professionals. …
If the commercial storefronts in your building have steps, or are not otherwise handicap accessible, be warned: your building may be exposed to liability under Title III of the Americans with Disabilities Act (ADA). Disabled individuals h…
Directors and Officers (more commonly called D&O) insurance protects individual board members from paying out-of-pocket for legal expenses resulting from good-faith decisions they make in the course of carrying out their duties. Here, an in…
Q. The board is asking me to remove my tree on my property where I’ve lived for over 20 years. I believe it’s the board’s responsibility to maintain or remove the tree, not mine. In a letter sent to me, they said that they are concerned…
Back in the late ‘80s, pop stars Milli Vanilli once had a hit song called “Blame It on the Rain.” And while ‘it’ for the singing duo was about heartache and lost love, the rain can bring a very different kind of pain to the board and resid…