Avoiding Liability

Published on May 18, 2016

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PRESENTATION OUTLINE

Avoiding Liability

Liability Areas

  • Premises Liability
  • Property Damage
  • Breach of Covenant
  • Fair Housing
  • Defamation

Know Your Governing Documents

Governing Documents

  • Declaration / CC&Rs
  • Bylaws
  • Articles of Incorporation
  • Plat
  • Rules and Regulations

Act Only When Authorized

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Communicate

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Methods of Communication

  • Open Meetings
  • Newsletter
  • Email
  • Website
  • Social Media

Review Insurance

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Insurance

  • Property
  • Liability
  • Directors & Officers
  • Fidelity

Seek Advice of Experts

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Review or Audit Books

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Understand the Laws

Applicable Laws

  • Fair Housing Act
  • Condominium Act
  • Homeowner Association Act
  • Nonprofit Corporation Act

Maintain & Repair

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Equal & Consistent Enforcement

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Articulate Duties & Roles

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Business Judgment Rule

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Maintain Records

Dealing With Claims

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Resolving Claims

  • Informal
  • Mediation
  • Arbitration
  • Litigation

Incorporate

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Avoid Conflicts of Interest

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Common Legal Claims

  • Breach of Fiduciary Duty
  • Breach of Contract
  • Negligence
  • Violations of State or Federal Law

Liability for Employees

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