Fidelity insurance protects the association in the event someone associated with the association takes the association’s money and runs. Typically, fidelity insurance will provide coverage in cases of employee theft, theft of money and securities while on premises or in transit, forgery, fund transfer fraud, computer fraud, money order and counterfeit currency fraud, credit cardGo to Resource
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First, take a deep breath. Second, remember that associations should seek to avoid disputes and lawsuits wherever possible through effective communications, fair dispute resolution practices, and good governance. But in our litigious American society, it is a fact of life that lawsuits are filed by, and against community associations. When the association is on theGo to Resource
This article summarizes the reasons why community associations need to have systems in place for preserving evidence. Associations are routinely involved in disputes, claims and litigation, such as accidents, covenant enforcement, construction defects, assessment collections and contract disputes. Recognizing this reality, associations must have internal systems and controls to preserve information, data and documents whichGo to Resource
Has your association been involved in a collection matter that went to trial? Very few of our collection cases make it to trial, but when they do, it can be unnerving for board members and managers because it may be unfamiliar territory. This article will address the documents that are essential in a collection trial. Go to Resource