The unit owner can contact the board of directors to determine whether the interior of the unit is covered by the master policy, or not.
Otherwise, the owner can contact their HO-6 insurance provider to determine coverage.
A little, but they are different. A townhouse is usually a row house, one of several attached buildings. They may have completely separate ownership. A condominium ("condo") is often more like an apartment but essentially it is a residence that is part of a group that has shared management and maintenance. The condo owner is responsible for inside the walls the a Home Owners Association (HOA) is responsible for the outside and the grounds. The condo owner will pay a monthly fee to the HOA for this work.
ummm..... :S two condo + two condo = four condo i think....... Seriously though, look at this website, it says all about it. hope this helped
about 1800
French drains and damp proofing the outside walls with flashing cement or WR Grace material
Well it depends on how large the condo, where it is located in Santa Barbara, any amenities it may have, so on so forth. But I can tell you that it is a lot.
Let your condo insurance company duke it out with the master policy insurance co.
If you live in a second floor condo and you rent the condo, the leak that causes damage is the responsibility of the owner of the building. If you own the condo, the leak is the responsibility of the owner of the condo with the leak.
If the master policy is written to include flood coverage, then, yes.
It should go on your neighbors insurance, he's the one whos responsible for the damage.
You are responsible for any damage caused to someone else's property, why did they let you move in the condo without proper insurance is beyond me, whether the unit below you is rented or not is of no consequence, the unit is damaged because of your fridge, so you will probably be sued for damages.Another AnswerRead your governing documents to determine your requirement to carry an HO-6 policy, which may or may not be stated there. Inquire of your board as to your responsibility for carrying an HO-6 policy.The bigger issue is to repair the damage, which because it involves water, will precipitate mold growth.Because you own the refrigerator and because it leaked causing damage not only to your unit, but to the unit below and the property between the floors that belongs to everyone -- common area -- you may well be responsible to pay for the repair.Carrying an HO-6 insurance policy on a condominium is not only best practices, but is good, common sense. Your question is a good example of why.
Read your governing documents to determine who owns the fuse panel, the unit owner or the association. As well, your board can help you determine who is responsible to fix/replace the panel and who is responsible for paying for it.
In most cases the association is responsible for mantaining the roof and structure. It should the the association's insurance problem.
If the pressure exceeds the normal rating of the fittings and valves.. Normally rated for 125 PSI
File a police report and include an inventory of items taken during the robbery. If you rent your condominium to a tenant, ask the tenant to file the police report with an inventory.
A condo is owned privately even if it is being rented the owner is renting it. Apartments are owned by businesses and are considered a business. They rent the apartment out to multiple people and that is how they do business.
If it was determined that the condominium did not bear any blame, then you are the one who would be responsible.
Condo's are rarely rented except by their individual owners. The demand for housing is recovering, but prices are not. This of course is described as a buyer's market since the seller has little leverage.