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Mitigating Board Liability & Personal Exposure – Part One
A capable management company will enforce procedures and invest in technologies that help limit legal liability for the condo or co-op, and also mitigate board member personal exposure. -
Mitigating Board Liability & Personal Exposure – Part Two
Policy exclusions introduce increased risk to the board and often render a contractor’s policy meaningless. Properly vetting a contractor’s insurance is critical. -
Residential EV Charging Stations: Benefits & Incentives for Multifamily Buildings
FirstService Residential recommends that all boards and building owners consider the installation of EV charging stations and incentives available through NYSERDA and ConEd. -
Vendor Communication Best Practices: The Do’s and Don’ts
Open and effective communication among the board, management company and vendors is an important part of any community's operating budget and for improving residents' lifestyles. -
3 Cost Containment Strategies to Minimize Assessment Hikes
Your fiduciary responsibility is the most important commitment to fellow homeowners. Learn cost containment strategies that can save your association money. -
Ask the Expert: What Is Cyber Liability Insurance?
Communities are often targeted by cyber hackers because their databases house so much homeowner info. Learn more about cyber liability insurance straight from the expert.