BOMI Class - Law and Risk Management

Description

Law and Risk Management

In today’s complex business environment, it is becoming increasingly important for property managers to know how to address legal and risk management issues. This course will provide a foundation in the basic principles of law and risk management, helping you deal with everyday legal and risk issues.

The new application-based microlessons provide a guided tutorial for the correct process of creating a deed and the legal aspects of enforcing it, tools and strategies to ensure your lease agreements are fully compliant - minimizing risks and maximizing returns, and an understanding of how to manage insurance coverage strategically, ensuring optimal protection while avoiding over-insurance pitfalls. 

Upon successful completion of this course, learners will be able to:

• Discuss the issues surrounding contracting law
• Explain the legal aspects of real estate financing
• Understand environmental law and land use
• Identify potential legal liability situations
• Formulate effective loss control programs
• Understand insurance policies needed to help protect your company from potential liability claims
• Describe how underwriting for insurance affects your coverage
• Provide comprehensive employee benefit plans

Key topic areas:

conveying and financing real estate • contracts • property interests • premises liability • environmental law and concerns • employment relationships and agency • introduction to risk management • insurance company operations • principles of insurance and insurable risk • general liability insurance and employee benefit plans • loss exposures