
Law and Risk Management presents information about torts, contracts, employer/employee relations, property rights, leasing and conveyancing, and environmental law and insurance. It also discusses the insurance market, different types of insurance policies, and the claims adjustment process. Reading this material will provide you with a foundation in the basic principles of law and risk management, thus helping you deal with everyday legal and risk issues surrounding your business.
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
APPLIES TO:
RPA® designation
RECOMMENDATIONS:
BOMI International courses are recognized by many other professional organizations such as IREM, IFMA, IUOE, and more. Credits from these organizations may apply as well. Contact Sarah Kuester at (317) 632-4104 or via e-mail at sarah@bomaindy.org more details.
INSTRUCTOR:

Michael Lauhoff
CLASSROOM SPACE SPONSORED BY:

ADDITIONAL INFORMATION AND FINE PRINT:
ENROLLMENT FEES
There is a $100 enrollment fee for individual courses (those taken separately from a certificate or designation program). If you take an individual course, then decide to enroll in a certificate or designation program, the $100 (USD) fee from your first course (only) may be applied toward the $225 (USD) enrollment fee for your first certificate or designation program. There is a $100 (USD) enrollment fee for students enrolling in a second or third certificate or designation program. Fees are nonrefundable and must be paid with or before enrolling in a course, certificate, or designation program.
There is a $50 fee if you would like a hard copy book. We are highly recommending you purchase the book as a reference. The e-books are only available for a 6-month period of time after earning your designation.
COURSE REQUIREMENTS
Because this is a dynamic industry, specific course requirements are based on date of enrollment. If you are not sure of your particular course requirements, please check with BOMI International.
REFUNDS
A request to cancel registration for an educational class must be submitted via email up to seven (7) calendar days before the class starts in order to receive a 100% refund. The textbook must be returned unopened to BOMA Indiana in all cases where a student cancels registration. Once the book has been opened, $200 will be owed, as BOMA Indiana cannot return an opened book to BOMI International.
COMPUTER-BASED TESTING (CBT)
Exams are administered via Computer-Based Testing (CBT) through our testing provider, Pearson VUE. The registration fee provides for one testing session during the six-month eligibility period, which can be scheduled at the students convenience. You should receive an email from Pearson VUE within the first few days of class. If you don't, please tell your instructor right away.
EXAM ELIGIBILITY PERIOD
Students have a six-month eligibility period to schedule and take their exam. For Self-Study students, the eligibility period begins on the date of registration; for Classroom students, the eligibility period begins as of the first day of class. If a student does not take the exam within this period, the student must pay an Exam Administration Fee to begin a new six-month eligibility period.
EXAM ADMINISTRATION FEE (INCLUDES EXAM TRANSFER AND RETEST)
Students who fail an exam or require an additional six months to take the exam will incur an Exam Administration Fee allowing for an additional six-month eligibility period. This fee includes testing and administrative fees and is $100.
REGISTRATION DEADLINE
To ensure sufficient time to prepare, students should be registered ten (10) business days prior to the class start date. A $100 (USD) late fee will be applied to registrations received thereafter. Additional shipping fees apply and BOMA Indianapolis must pass those fees on to students due to late registrations.
STATEMENT OF NONDISCRIMINATION
BOMI International and BOMA Indiana are committed to providing an education opportunity for all persons and admits students of any race, color, gender or sexual preference, age, non-disqualifying handicap, religion, or national or ethnic origin.