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Condo Boards: Fiduciary Responsibilities & Potential Liability

  • Training

  • Massachusetts Continuing Legal Education, Inc. (MCLE)
  • ID: 5944792
The shocking catastrophic collapse of the Champlain Towers South Condominium building that occurred in Florida on June 24, 2021 resulted in the devastating loss of nearly one hundred lives, and many are now struggling to understand how this tragedy occurred. While some consensus exists regarding the mechanics of how the building collapsed, multiple lawsuits have been filed questioning why conditions were reached that made collapse possible. How do we avoid similar tragedies?

This new webcast examines the lessons to be learned, the likelihood of something similar occurring elsewhere, and the steps that can be taken to minimize that risk. Hear the faculty discuss the duties and responsibilities of condominium board members, as well as the fiduciary role that each member plays, and the scope and limits on their authority. Learn about board liability-and how to minimize it through proper management of condominium property, as well as how to manage risk through appropriate insurance. This program provides important, timely information for condominium board members-and to those who advise and work with them.

Course Content

12:00 - 12:05 pm
Role and Responsibilities of the Condominium Board
Gary M. Daddario, Esq.,
Marcus, Errico, Emmer & Brooks, PC, Merrimack

12:05 - 12:15 pm
Scope and Limit of the Condominium Board’s Authority
Gary M. Daddario, Esq.,
Marcus, Errico, Emmer & Brooks, PC, Merrimack

12:15 - 12:38 pm
Condominiums: Minimizing Liability through Proper Property Management
Gary M. Daddario, Esq.,
Marcus, Errico, Emmer & Brooks, PC, Merrimack
Jennifer L. Barnett, Esq.,
Marcus, Errico, Emmer & Brooks, PC, Braintree

12:38 - 12:50 pm
What Options Are Available When a Condominium Board Cannot or Will Not Act?
Jennifer L. Barnett, Esq.,
Marcus, Errico, Emmer & Brooks, PC, Braintree

12:50 - 1:05 pm
Condominiums: Managing Risk through Insurance Coverage
Jennifer L. Barnett, Esq.,
Marcus, Errico, Emmer & Brooks, PC, Braintree

1:05 - 1:15 pm
'Ask the Experts' Q&A Session and Key Takeaways
Panel

Please Note
This webcast is delivered completely online, underscoring their convenience and appeal.
There are no published print materials. All written materials are available electronically only.
They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.

Speakers

Faculty
Jennifer L. Barnett, Esq.,
Marcus, Errico, Emmer & Brooks, PC, Braintree
Gary M. Daddario, Esq.,
Marcus, Errico, Emmer & Brooks, PC, Merrimack