Track 7 Contracts Flashcards
1
Q
Are the specifications in the RFP considered part of the contract?
A
Yes
2
Q
What are some of the problems we talked about with contracts?
A
Gross negligence
Indemnification
Small print
Limits on liability insurance
3
Q
What did we suggest in class that you do to help owners protect themselves on a day to day basis?
A
Provide a copy of the State of Nevada Contractors Board listing.
4
Q
Is there a law in Nevada about practicing law without a license?
A
Yes
5
Q
Who should be reviewing all contracts?
A
Associations corporate attorney
6
Q
Who should be signing all contracts?
A
It depends on what the documents require.
7
Q
Should the manager EVER sign a contract or application?
A
No
8
Q
Are insurance applications contracts?
A
Yes
