A fiduciary "duty" of loyalty to the owners is provided by the board members and manager.
They are only protected by the D&O if such personnel are included in the definition of "insured party".
Board action is required to set maintenance guidelines.
Owner is responsible for giving Management up-to-date contact information.
The management of a community organization may be governed by specific state statutes pertaining to regulations.
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.
In a work contract, interests are irrelevant.
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 answer is "control" and frequent neighborhood inspections are the only response that shows a control system.
Protects against theft. Ability to define and comprehend fiduciary is tested.
Part of the disciplinary procedure involves counseling the employee and setting goals for them to reach (along with consequences for falling short of them).