As Building Code Adoption Increases, Insurance Losses Decrease
Maintaining a safe and secure building is a major concern for property owners and managers. Due to the important role buildings play in society, architects and engineers begin plotting out the the safety measures and standards well before the actual construction starts. Any problems during the construction phase can lead to major risks down the road when people are inhabiting or working in the building. Not only does this pose a serious problem for guests, residents or workers in these buildings, but it can also lead to a claim or lawsuit against the property owner or managers. Read the article…………….
One of the first things a manager or board should do is review the association’s governing documents for any annual
Boards and associations, just like individuals, carry insurance coverage to protect them from liability, loss and other financial and legal
Whenever a casualty to property occurs – a fire, water leak, windstorm damage – community associations are often faced with