Professional liability and property transactions by s a christensen and w d duncan this book examines in detail the principles underpinning professional liability both at common law tort and contract and by reason of statute trade practices act and fair trading acts in the context of property professionals. Litigation against professionals arising out of property transactions had grown significantly several reasons for this increase are evident first the laws recognition that a professional may be sued not only in contract for breach of duty but also in tort expanded the bases of professional liability. Professional liability insurance for property managers property management professional liability insurance also known as property manager errors omissions insurance or property management eo protects all types of property management professionals if a client alleges that you were professionally negligent or failed to perform duties as . Why choose hanover property manager eo hanover property managers eo is created by professional liability experts who fully understand the needs of property managers o provides comprehensiveprotection against the unique errors omissions eo exposures facing property management businesses o built in tenant discrimination coverage 250000. Property managers professional package product application last 12 months transactions next 12 months injury with at least 500000 limit of liability is carried by the property owner for each property managed by the insured new york disclosure notice this policy is written on a claims made basis and shall provide no coverage for
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