Do you need to get contractor bids for your HOA? If so, how many bids should you get? And what preparations should you do prior to obtaining the bids? Read the article………………………..
Your Association Received a Preliminary Lien Notice. Now What? (CA)
Under California law, most licensed contractors or suppliers that provide labor, services, equipment, or materials on projects involving the common area of a community association are entitled to record a mechanic’s lien or issue a stop payment notice if they are not paid for their work or materials. Associations involved in such projects often receive […]
Indemnity and Hold Harmless Provisions in Association Contracts
Condominium and homeowner associations frequently enter into contracts with third-parties. Examples include landscaping contracts, management contracts, and construction contracts. In order to protect the interests of the association, many community association attorneys include indemnity provisions in the contract. Here’s a common example of an indemnity provision: Read the article………………………….
Your Association Has Been Named As Additional Insured On A Contractor’s Policy – Are You Sure?
A common misconception among condominium boards and managers is that, when a contractor furnishes a Certificate of Insurance (“COI”) which lists the association as being an Additional Insured, that COI is all that is needed for the association to obtain protection under the contractor’s policy. In most instances this belief is incorrect and creates a […]
All Co-ops and Condos Need Workers’ Comp Insurance
There is a reason they should have a workers’ compensation policy. An “if any” workers’ compensation policy would provide coverage if the contractor hired by the association does not have workers’ compensation coverage and their employee is injured at the building, or if a volunteer/board member is injured during the course of their duties. Example: […]