Keep Contractors on Schedule
The clause you include in your contract should say that if a project takes longer to complete than the contractor estimated, the contractor must pay the community association any damages that the delay causes. These damages will include out-of-pocket costs, consequential damages, and any other damages the association can prove. Talk to your attorney about…
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Community Association Management Insider helps community association managers keep their co-ops, condominiums, and homeowner’s associations running effectively and within budget — and all in the bounds of state, local, and federal law, as well as their governing documents.
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As a member, you get:
- Model tools, such as letters to members, bylaws, and contractor agreements
- Step-by-step management techniques
- Updates on new laws and court cases that impact you
- Easy-to-implement solutions to managers' thorniest challenges.
Community Association Management Insider will show you how to:
- Avoid liability and get indemnity
- Effectively and economically manage maintenance and repairs
- Get better deals from contractors
- Get the right insurance coverage
- And much, much more
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