Sunday, February 26, 2006
Mitigate your damages
Anyone who has ever been involved in an insurance claim with their home is familiar with the requirement and responsibility to mitigate damage. An example of this would be to place a blue tarp over a damaged roof to prevent even greater damage inside the home.
Similarly, those of us damaged by assessments and liens and the possibility for more of the same in the future have a responsibility to mitigate any further damage.
The Complaint that has been given the go-ahead for trial is one way to mitigate .
Selling and moving from the Retreat is also a way to limit future assessments, liens etc.
And if DEP does not issue a permit to the Retreat for the Geo-Tubes that is another way that mitigation effectively takes place.
Since Sept. 16th 2004 when IVAN struck there has been no action started on the beach to protect the Retreat. Over 17 Months ago.
24 Gulf-front owners getting together and taking action in time will provide protection along with the entire ownership paying for the beachclub and walkovers.
No one seems to have figured out that the 24 Gulf front owners could have formed an LLC, gotten an emergency permit on their own, put up seawalls, or tubes, and/or sand, and then made an attempt to get the other 66 lot owners to help pay for part of the cost after they had protected their private property.
Similarly, those of us damaged by assessments and liens and the possibility for more of the same in the future have a responsibility to mitigate any further damage.
The Complaint that has been given the go-ahead for trial is one way to mitigate .
Selling and moving from the Retreat is also a way to limit future assessments, liens etc.
And if DEP does not issue a permit to the Retreat for the Geo-Tubes that is another way that mitigation effectively takes place.
Since Sept. 16th 2004 when IVAN struck there has been no action started on the beach to protect the Retreat. Over 17 Months ago.
24 Gulf-front owners getting together and taking action in time will provide protection along with the entire ownership paying for the beachclub and walkovers.
No one seems to have figured out that the 24 Gulf front owners could have formed an LLC, gotten an emergency permit on their own, put up seawalls, or tubes, and/or sand, and then made an attempt to get the other 66 lot owners to help pay for part of the cost after they had protected their private property.
