Condominiums have a contractual duty to maintain common elements. While the business judgment rule normally protects condo board members from personal liability if their choices seem unwise, it won’t shield the condo if the board breaches its contractual obligations to owners. Boards who neglect these responsibilities could open the condominium up to significant liability. Read the article…………………………….
Related Post
March 18, 2016
December 17, 2018
June 18, 2018
February 25, 2019
Comments are closed.