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As real estate developers and owners, we want to ensure functional accessibility to everyone coming in contact with our property. Whether you own a retail center, apartment complex or a single-family rental, you want to make sure that everyone has equitable access to a reasonable degree. ADA compliance helps investors to recognize what parts of their property need to have universal accessibility to allow for reasonable use for persons with disabilities or limitations.

But what happens when ADA compliance goes beyond reasonable accessibility?

Real estate investors of all asset classes are subject to punitive damages lawsuits on their property. More often than not, punitive damages claims arise out of an oversight in ADA compliance. Even if you take great care in ensuring ADA compliance in your property, there may be some small accessibility issue that was overlooked that could leave you vulnerable. Sometimes, it can be a simple technicality that results in punitive damages. Whatever the case, punitive damages can cost investors time and thousands of dollars to remedy.

Jimmy Clark is the Senior Vice President and Real Estate Practice Group Leader at Harden, one of the southeast’s largest risk management and insurance firms. Part of his job is ensuring that property owners aren’t hit with punitive damages from ambulance-chasing attorneys.

This episode, Jimmy offers up some quick pointers for property owners who may not be aware of the punitive damages risks awaiting their property. He tells us the common and not-so-common things you need to look out for in order to make sure your property is fully ADA compliant and protected from damages.

Contact: jclark@hardeninsight.com or 813-367-5609

Don’t miss this episode on ADA compliance and protecting your property from punitive damages!