Does a member need to notify the WCRA before it settles a claim?
Yes, the member should contact the WCRA claims services staff before making a settlement that will involve association funds. While the member is not required to get the WCRA’s approval, this allows the association an opportunity to provide input that will protect the interests of its overall membership.
Related Questions
- What is the responsibility of the purchaser if the Division fails to timely notify the purchaser of the possible claim and escrow amount requirement?
- What is the grace period to notify your Maybank branch of any accident for insurance claim?
- Does a member need to notify the WCRA before it settles a claim?
