FlaRiptide
New Member
I've had no response to my question posted under "Negligence, Personal injury" Thus I will restate it here,
If a corporation, in this instance a Homeowner's Association, pays for the upkeep of private property not belonging to the corporation does that create a potential liability of being named in a civil suit in the event of injury upon this piece of property?
I believe that by maintaining the property, in this case a private lake, means that the corporation has taken an indirect interest in the property and may have inadvertantly assumed additional liability that would not be covered under the coporation's liability insurance. The liability insurance only covers property owned by the corporation.
Thank you in advance for any response to this query.
If a corporation, in this instance a Homeowner's Association, pays for the upkeep of private property not belonging to the corporation does that create a potential liability of being named in a civil suit in the event of injury upon this piece of property?
I believe that by maintaining the property, in this case a private lake, means that the corporation has taken an indirect interest in the property and may have inadvertantly assumed additional liability that would not be covered under the coporation's liability insurance. The liability insurance only covers property owned by the corporation.
Thank you in advance for any response to this query.