Co-insurance pertains to the insurance limitations in effect at the time of a loss and the insurance obligations of the parties involved in the claim.
Owner is responsible for giving Management up-to-date contact information.
The best strategy to ensure compliance is to give the owner a voice and clarify the regulation in question. The Test of Knowledge: Methods for effectively enforcing regulations.
The management of a community organization may be governed by specific state statutes pertaining to regulations.
The answer is "control" and frequent neighborhood inspections are the only response that shows a control system.
Board action is required to set maintenance guidelines.
A fiduciary "duty" of loyalty to the owners is provided by the board members and manager.
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In a work contract, interests are irrelevant.
Part of the disciplinary procedure involves counseling the employee and setting goals for them to reach (along with consequences for falling short of them).
They are only protected by the D&O if such personnel are included in the definition of "insured party".
Protects against theft. Ability to define and comprehend fiduciary is tested.