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If you live in a second floor condo and there is a water leak that causes damage who is responsible?
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.
How much money would it cost to start your own dance studio?
how much money would it cost to start your own dance company
Who owns Sacramento kings?
Joe and Gavin Maloof own the Sacramento Kings.
How much does it cost to own a country?
Countries are not for sale.
IF my upstairs condo is untouched by a flood but the building's ground floor is damaged so badly that the entire building is unlivable would my flood insurance protect me?
Let's first review what a condo is. A condominium is an arrangement in which you own your own living space outright (your condo apartment), and you share joint ownership (with all the other condo owners) of the common spaces. There will be (at least) two insurance policies in effect: (1) the condo association policy, which covers (at least) the common areas, and (2) your own personal policy, which covers the contents of your condo apartment, and depending upon your coverage, may also cover the internal structural elements (walls, floors, ceilings, fixtures, countertops, etc.) of your specific condo unit. Since there is no damage to your condo unit, your personal condo insurance will probably not apply, even if you have flood insurance. So, the answer to your question depends upon what type of policy your condo association holds. You should therefore ask your condo association.
How much condo insurance do you need?
To determine how much condo insurance you need, you are best advised to insure the contents of your unit, because the association's master policy insures the real estate assets that all owners own in common. You can work with a broker and a copy of the master policy to determine the insurance coverage you want and need.
How much does a pre own ipod cost?
Can Anybody Help Me How Much Do A Ipod Pre Own Cost ?How Much Would They Give Me For My 16 Gb Ipod Touch ?Thank Yuh For Helpinq Me :) Smile
How many condo owners?
In most communities, the majority of residents in condos are owners. There are some rental units, but for the most part the people that own the condo also live in it.
How much does it cost to own and operate a car?
Answer50.5 cents
How much does it cost to own a Bugatti Veyron?
$1.7M to buy it.
How much does it cost to own a miniature pony for a year?
$10,000.
How much does grow your own mermaid cost at hobbylobby?
1.00
