Why a Homeowners Association Needs Insurance
Individual units in a homeowners association are the responsibility of their owners, but common areas are the duty of the association. For these associations, that’s why having insurance is vital
Individual units in a homeowners association are the responsibility of their owners, but common areas are the duty of the association. For these associations, that’s why having insurance is vital
When you choose to own waterfront property, there are a variety of issues like flooding or salt damage that are easy to forget about. That’s why as a condo association,
Condo communities are based on a unique structure, sharing communal property and individual living units in the same buildings. This structure complicates insurance coverage, which must be carried by condo
If you’re part of a condo association, keeping up with the demands of the job can be challenging. Condo association insurance is chief among these. You and the other board
Condo Associations and Understanding Directors & Officers Liability Whether you live in a condo or are a director or official of a condo association, a lot goes into securing the
When individuals purchase a home, they assume responsibility for the structure itself and the items stored within. Condominiums require a different approach, as the condo association assumes responsibility for many
In a condo, the condo association is responsible for the maintenance, operation and oversight of all common areas. If not properly taken care of and covered through insurance, they may
A condo association is the governing body that oversees operations at a condominium. It’s made up of elected board members that are tasked with certain duties and responsibilities. If you
A condominium can serve as a welcoming home while offering access to a diverse network of neighbors. However, it’s essential to ensure that the property is overseen by a condominium