Legal Briefing

Read: Legal Briefing: What to Consider When Switching Central Stations

Legal Briefing: What to Consider When Switching Central Stations

Central stations are one of the most important decisions alarm dealers make. Here’s how to firm up your dealer agreements.

Read: Legal Briefing: What Happens When You Underestimate the Job

Legal Briefing: What Happens When You Underestimate the Job

There are two common ways to make sure you are paid for your services: a fixed amount or on a Time and Material (T&M) deal.

Read: 4 Important Buy-Sell Indemnity Issues

4 Important Buy-Sell Indemnity Issues

Some buy-sell agreements are worded with such legalese it is sometimes a daunting task to figure out what reps and warranties have been made and what could possibly go wrong.

Read: Is There Liability from In-Home Security Monitoring?

Is There Liability from In-Home Security Monitoring?

Legal expert Ken Kirschenbaum is not prepared to say in-home central station monitoring is deceptive or a dereliction of duty.

Read: How to Calculate True RMR During Inflation

How to Calculate True RMR During Inflation

As a business owner, everything you have to spend money on now costs more. If you don’t raise your prices, you won’t keep pace or maintain your profit margin.

Read: What to Do When Your Insurer Hangs You Out to Dry

What to Do When Your Insurer Hangs You Out to Dry

Scenario: A claim exceeds coverage and you begin to believe your carrier isn’t doing all it could or should to protect your interest.

Read: Identifying Central Station Indemnity Issues

Identifying Central Station Indemnity Issues

Indemnity exposes you to all your company assets, unless you’re smart enough to have created a separate entity to conduct the alarm business and you observe the necessary corporate procedures.

Read: Water Damage Suit Finds ADT Caught Without Contract

Water Damage Suit Finds ADT Caught Without Contract

Legal expert Ken Kirschenbaum explains why the decision of this ADT lawsuit is likely to come back to haunt the alarm industry for a long time to come.

Read: Acquiring Alarm Accounts Can Be Risky Business (Part 2)

Acquiring Alarm Accounts Can Be Risky Business (Part 2)

Buying contracts from another alarm company that doesn’t have trained techs or use proper, up-to-date alarm contracts? Demand every acquired account sign a new contract and terminate every customer who won’t sign it.

Read: When to Despair About Alarm System Repair (Part 1)

When to Despair About Alarm System Repair (Part 1)

What happens if an alarm owner has someone not properly credentialed or trained repair it, and subsequently there is an failure and fire-related damages claimed in a lawsuit?

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