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A condo or co-op master policy rarely provides coverage for personal belongings, so you want to make sure you have enough coverage on your own insurance.
Here's what your Florida condominium association insurance master policy covers versus your own HO-6 policy.
An owner in Hawaii Kai testified their building's insurer declined to renew their master policy after suffering losses on Maui, and the condo board had to cobble together coverage from multiple ...
An owner of a single-family home, condominium, or multi-family building may engage the services of a professional property management company. The company will then advertise the rental property, handle tenant inquiries, screen applicants, select suitable candidates, draw up a lease agreement, conduct a move-in inspection, move the tenant(s ...
The Act was patterned after the Securities Act of 1933 and required land developers to register subdivisions of (currently 100 or more) non-exempt lots or condominium units. Originally, the filings were to be with the United States Department of Housing and Urban Development .
Under Davis–Stirling, a developer of a common interest development is able to create a homeowner association (HOA) to govern the development. As part of creating the HOA, the developer records a document known as the Declaration of Covenants, Conditions, and Restrictions against the units or parcels within the HOA with the county recorder.
Not surprisingly, condo listings are up across the state of Florida. According to Florida Realtors, as of November 2024, new listings of condos and townhouses rose by 5.5% year-over-year. And ...
The master policy holder of a group life insurance plan in the case of an "Employer Employee Group" is basically the Employer and for other groups would be the entity that has an insurable interest in the lives of its members. A bank it could be said has an insurable interest in the lives of its members who hold a deposit or have taken a loan.