Category Archives: Financial Matters

Fault Line

DisastersNatural disaster insurance can mean costly premiums and steep deductibles for associations. In California, some communities are asking: Is earthquake coverage an exorbitant luxury or complete necessity? Earthquake-prone California experiences about 10,000 small-to moderate-sized tremors annually. A study released earlier this year by the U.S. Geological Survey found...
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What Goes Up … Must Break Down

ElevatorElevators may be the most complicated and expensive asset in your building. Fix your contract, know the basics and minimize legal risks before your community finds itself out of order. The passenger elevators in a 90-year-old, 62-unit, 16-story condominium complex in Chicago were so small and vintage...
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