Risk Management
🛡️ Risk Management Policy
Rockport Oaks RV Park | RORVP Condominium Association
In accordance with guidance from the Texas State Office of Risk Management, it is essential for all business entities—including condominium associations like ours—to maintain a structured Risk Management Plan.
This plan demonstrates responsible governance and ensures we are prepared for compliance inspections or potential legal scrutiny.
đź“‹ Required Planning Areas
- Evacuation Planning
Procedures for storms, fires, or other emergencies. - Financial Planning
Budgeting, reserves, insurance, and transparent reporting.
🛡️ Other Key Risk Areas & Applicable Agencies
- Confidentiality of Owner Records
↳ Association Records Requests (Texas Property Code §82.114) - Renters’ Rights & Owners’ Responsibilities
↳ Reflected in our Rental Policy - Building Codes & Environmental Compliance
↳ Guided by Texas Property Code 82 and Aransas County regulations - Website Requirements for Associations
↳ Required under TPC §82 for associations of our size - Insurance Coverage
↳ Minimum requirements set by Texas Property Code §82 - Environmental Compliance
↳ Includes drought stage awareness in Rockport and related conservation efforts
âś… Why a Risk Management Policy Matters
A written Risk Management Policy is a foundational document that shows we treat the COA as a professionally governed business entity. It is a mitigation tool, helping safeguard the Board and Association from unnecessary legal and operational risks.
This version is based on principles from the Harvard Business Review’s Risk Management for Business and will be refined over time to reflect our community’s unique needs.
We encourage sharing this policy with owners as a transparent best practice and evolving it as we continue to grow responsibly.
Sincerely,
RORVP Board of Directors
đź“„ Download the Full Risk Management Policy
View / Download Policy Document
đź“ž Contact Us
📧 Email: board@rorvp.org
đź“ž Phone: 855-767-7275