HindmanSanchez

Liabilities Resources

             

By: Elina B. Gilbert, Esq.   As we start 2018 with a fresh and clean slate, now is the time to pull out our list of New Year’s resolutions and decide what we want to tackle first. Perhaps one of those resolutions was to minimize your association’s liability exposure, and more specifically, to minimize the… [Read More]

By: Elina B. Gilbert, Esq. The term “conflict of interest” is used often and quite loosely in the HOA industry. But did you know “conflict of interest” actually has a legal definition? More particularly, the definition is set forth in the Revised Nonprofit Corporations Act (“Nonprofit Act”), which definition is specifically referenced in and adopted… [Read More]

FHA Condominium Certifications: The Requirements and Prohibitions

Date Posted: Wednesday, January, 4th, 2017

Introduction The Federal Housing Administration (“FHA”) is a government-owned insurance company that insures home loans for buyers who cannot afford a conventional down payment or prefer to use their available funds in other ways.  In other words, a FHA backed loan allows a home buyer to purchase the home with a smaller down payment than… [Read More]

Security Measures in HOAs

Date Posted: Thursday, October, 27th, 2016

By: Elina B. Gilbert, Esq. Associations are oftentimes confused with the police.  After all, it is not atypical for community managers or board members to receive calls from owners complaining about crime in their communities and demanding the associations do something about it.  Whether it’s alleged drug use, car theft, or domestic violence, associations seem… [Read More]

Insurance—Does Your Community Have Gaps in Coverage?

Date Posted: Monday, May, 2nd, 2016

By: Elina B. Gilbert, Esq. In all the years I’ve been practicing law, and particularly HOA law, there is one thing I learned for certain: Most people hate insurance.  Why?  Because insurance documents are difficult to understand and confuse many who attempt interpretation of them.  Thank goodness boards and managers have insurance professionals to rely… [Read More]

http://www.hindmansanchez.com/resources/article/accidents-common-elements-whats-associations-liability-exposure/

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