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Insured Damage To A Unit – A Brief “Primer”

Author: 
James Davidson
Publication date:
December 16, 2019
Article Summary: 

This blog explains the responsibility for repairing damages to a unit in a condominium, and the exceptions under which the owner is not responsible. The two exceptions include the condominium corporation's negligence, and if the damage is considered "insured damage" under the corporation's insurance policy. The corporation's insurance policy belongs to both the corporation and the owners, and the owner might be responsible for the deductible portion of any loss under the corporation's insurance.

Keywords: 

condominium, insurance, damages, corporation, owner, deductible, and negligence.

Source Citation: 
James Davidson
Insured Damage To A Unit – A Brief “Primer”
December 16, 2019
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