Risk Management

Risk Management

Get Police Assessment to Cut Liability, Keep Community Safe

January 21, 2014    

Keeping your community safe should be a priority for every association manager. Some communities have funds to spare for consulting fees from outside companies that will evaluate just how secure their properties are. But this can cost thousands of dollars and you may end up feeling pressured to...

Take Immediate Action After Member’s Discrimination Claim

July 11, 2013    

Fair housing claims often stem from adverse actions taken against members for violating community policies or rules. A member may claim that the rules are being selectively enforced against him because of his race or other characteristic protected under the federal Fair Housing Act (FHA). The...

Top 10 Dos & Don'ts for Reducing Risks

June 25, 2013    

Anticipating risks and then coming up with reasonable, cost-effective, and practical ways to reduce them is a large part of being an effective association manager. Because you and your staff are at the community day-in and day-out working on everything from dealing with the board to making sure...

Set Rule Barring Members, Guests from Condo Roofs

June 13, 2013    

As summer begins and temperatures rise, members and their guests may be tempted to go up on the roof and sunbathe, barbecue, or just cool off from their hot units. Unfortunately, allowing people on the roof of your condominium building can create problems for you and the association. For example...

Follow Five Safety Tips When Using Backup Generators After a Disaster

December 10, 2012    

Major storms like Hurricane Sandy--the largest Atlantic hurricane on record, as well as the second-costliest Atlantic hurricane in history--reveal one of the biggest public-perception gaps with energy: You don’t notice it until it’s gone. As a result of Hurricane Sandy, many...

Improve Bicycle Safety in Community

November 19, 2012    

Whether it’s for fun, exercise, environmental concerns, or in an effort to save on gas prices and car expenses, an increasing number of children and adults have been riding bicycles. Many of your association members or their children may ride their bikes within the community. While...

Conduct Five-Point Summer Preparedness Inspection

May 15, 2012    

As the seasons shift at your community, you'll be presented with safety, equipment, and maintenance challenges. Summer is quickly approaching. Are you ready? Follow the Insider's step-by-step summer preparedness guide to minimize risks associated with the season and ensure that...

Prepare Members, Staff for Natural Disasters

March 13, 2012    

Natural disasters are frightening for any homeowner, but they're an even greater threat to clustered, attached, and stacked homes in a community association. When one home is damaged, others connected to it are more likely to experience damage either resulting from that home's damage or...

Don't Control Contractors' Employees on Day-to-Day Basis

December 15, 2011    

When you hire independent contractors to perform work at your community, you risk being sued if any of the contractors' workers are injured on the job. Any good community association manager will want to ensure that work is being done correctly, on time, and without risks to the community or...

How to Keep Condo Buildings Safe During Blizzards

September 21, 2011    

Few parts of the country have escaped the wrath of Mother Nature this year—we've suffered tornadoes, floods, a hurricane, and even a blizzard. Last winter, New York City experienced record-breaking snowfall that challenged the city's budget and snow removal strategies. And in...

How the Foreclosure Fraud Scandal May Affect Associations

February 1, 2011    

Ally Financial, one of the nation's largest lenders, recently announced that it's withdrawing all of its foreclosures in Maryland that were approved by employee Jeffrey Stephan, the “robo-signer” who admitted he signed off on thousands of files every month with little or no...

Three Tips for Avoiding Liquor Liability at Community Events

April 27, 2010    

Summer is approaching and your association may be planning some sort of community-building events, such as pool parties or cookouts with plenty of food and drink. Often at these events, an association will serve alcohol. The association knows that more members will attend an event that provides...