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Penny-Wise But Pound Foolish - How to Prioritize Maintenance Projects & Reduce Risk
The deadly collapse of the Champlain Towers condominium in Surfside, Florida last summer was a tragic reminder of how vital it is for community administrators to be informed and proactive when it comes to the physical maintenance of their properties. Deferring maintenance and repair work may be tempting in the short run to save money or avoid an unpopular assessment, but the Surfside disaster demonstrates what can happen when crucial projects are put off for too long. This panel of experts will discuss the risks and liabilities boards court by deferring needed maintenance, the steps boards can take to avoid those potential catastrophes, and how to ensure that reserves are adequately funded and properly allocated.

Sponsored by: Czarnowski & Beer LLP

01:01:00

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