KEN KIRSCHENBAUM, ESQ ALARM - SECURITY INDUSTRY LEGAL EMAIL NEWSLETTER / THE ALARM EXCHANGE You can read all of our articles on our website. Having trouble getting our emails? Change your spam controls and white list ken@kirschenbaumesq.com ****************************** Google investment in ADT / Recording audio in residence August 8, 2020 ********************* Google investment in ADT ********************* Several of you brought the ADT – Google news to my attention. I suppose there are a number of questions, starting with, what now? Q: How does Google’s investment in ADT and some deal that combines technology affect you? A: My guess is, it doesn’t, but I’d like to hear from dealers how they think this may affect their business. Q: Does this investment influence valuation of your alarm business? A: The $450,000,000 investment for 6.6% works out to about 19.5 times RMR. That is not a new standard for the multiple. I don’t think the industry needs to read anything into that calculation. You think different, let us know why. ********************* Recording audio in residence ********************* Ken, I have a customer that wants to include audio recording in her residential CCTV system. What is the legality, if any, on that? Steve ********************** Response ********************** Audio and video laws can be found at https://www.kirschenbaumesq.com/page/alarm-law-issues If anyone sees an update needed, please let me know. There is a big difference between your liability and your customer’s liability. If all you do is install the audio device I think you should have no liability. If your customer uses the audio device in a prohibited and illegal way, then your customer will have exposure for civil and criminal liability. The Standard Form All in One agreements warn your customers to use all devices legally. *********************** To order up to dateStandard Form Alarm / Security / Fire and related Agreements, click here: www.alarmcontracts.com ************************* CONCIERGE LAWYER SERVICE PROGRAM FOR THE ALARM INDUSTRY You can check out the program and sign up here: https://www.kirschenbaumesq.com/page/concierge or contact our Program Coordinator Stacy Spector, Esq at 516 747 6700 x 304. *********************** NOTICE: You can always read our Articles on our website at ww.kirschenbaumesq.com/page/alarm-articles *********************** THE ALARM EXCHANGE
This area is reserved for alarm classifieds, alarm company announcements, solicitations, offers, etc. There is no charge to post a listing here.Include your contact information, phone, email and web site. If you would like to submit a post, please send an email to ken@kirschenbaumesq.com. To create a reciprocal link to our website, click here. ************************************************ Getting on our Email List / Email Articles archived: Many of you are forwarding these emails to friends or asking that others be added to the list. Sign up for our daily newsletter here: Sign Up. You can read articles and order alarm contracts on our web site www.alarmcontracts.com ************************** Ken Kirschenbaum,Esq Kirschenbaum & Kirschenbaum PC Attorneys at Law 200 Garden City Plaza Garden City, NY 11530 516 747 6700 x 301 ken@kirschenbaumesq.com www.KirschenbaumEsq.com