Sentences with phrase «condo owners against»

It covers the personal property of condo owners against all 16 perils and typically also includes liability insurance.

Not exact matches

In 2006, the firm settled with Attorney General Eliot Spitzer to fix water damage and structural defects in a Harlem building, and three years later BFC was in court defending itself against a lawsuit by condo owners in Williamsburg who alleged defective design.

At 4 p.m., Assemblyman Luis Sepúlveda and Sen. Ruben Diaz Sr. will rally with Parkchester owner - residents to continue their protest against management and the board's plan to impose a 15 percent monthly increase in common charges assessed to Parkchester South condo owners, 2000 E Tremont Ave., the Bronx.

«A condominium corporation's insurance will cover the building and the common elements, like elevators or front lobby, but the condo owner must insure their own unit, personal items and protect themselves against liability if they are responsible for damage caused to a neighbour's unit.»

Condo insurance, also known as an HO6 insurance policy, provides condo unit owners coverage for their properties, protects against liability claims and helps cover costs if the unit is uninhabitable.

As a unit owner, you can protect yourself against insurance - related assessment by having the right personal condo policy.

-- > regulations will be clarified to spell out the amount of an adequate reserve fund for each condo development, which should also help eliminate surprise hikes in fees or special assessments levied against each owner

For condos, policies also cover unit owner improvements and some assessments made against you by the condo corporation.

It may surprise you that in more than a few cases, condo unit owners have been forced against their will to vacate and sell their units.

«By deciding against creation of a community solar program, the Governor has blocked the opportunity to choose local clean energy for the majority of Nevadans, including renters, condo - owners, and low income families.

A Florida condo unit owner has filed a complaint with the US Department of Housing and Urban Development, claiming that her condo association has discriminated against her on the basis of religion aft...

We stand ready to defend all cases against landlords, property owners, condo and homeowner's associations, caregivers and babysitters, and even builders and contractors.

In a recent case, Washington v. Y.C.C. No. 441, a commercial condo unit owner successfully sued the condominium corporation after the corporation registered a lien against his unit for repair costs related to clearing a blockage in the plumbing system.

The condo corporation was successful against the defaulting owner.

Most Canadians carry typical home / tenants / condo unit owner's policies providing coverage for their physical assets (fire, water damage, etc) and liability coverage against third party claims such as a slip & fall on one's premises / property.

Although a basic condo owners policy doesn't offer any coverage nor would your HOA policy against identity theft, most companies offer an endorsement to make sure you are financially protected.

If common areas are damaged, your condo association may levy assessments against all the owners to pay the deductible on their association policy.

A condo owner's insurance policy usually helps protect belongings, such as furniture, computers or clothing, against a covered loss such as theft or fire.

A typical condo policy includes coverage for the owner's belongings against covered perils such as fire or theft.

Both policies provide the owner with coverage for their home itself (a condo or a single - family home), they can replace personal property, and protect against liability claims.

There are six main types of homeowner insurance and range from very basic protection against fire to condo owners to owners of older homes.

A rental insurance quote is the figure given by an insurance agent to a person in the process of renting a property such as a house, apartment, condo, townhouse, or loft who needs to find out how to protect against financial loss due to an accident, a natural disaster, or any of the many perils to which home owners are vulnerable.

In most cases, condo insurance protects owners against 16 different perils including theft, vandalism, fire, smoke, windstorms or hail, volcanic eruptions and damage caused by automobiles or aircraft.

Condo corporations can also make assessments against unit owners if there is a shortfall in the commercial condo policy.

In these cases, the condo corporation can make assessments against individual unit owners.

For condos, policies also cover unit owner improvements and some assessments made against you by the condo corporation.

But it may surprise you that in more than a few cases, condo unit owners have been forced against their will to vacate and sell their units, under powers granted to courts under the Ontario Condominium Act, 1998.

If your condo association is forced to assess all unit owners for the additional loss (or for personal liability claims against the association), assessment insurance will help protect you.

When Condo Boards take action that exceeds the authority given to the board of directors under the condominium documents, e.g, purchasing land, then the condo unit owners are forced to file a lawsuit to fight against having to pay the assessments that will be needed to fund the board's action.

Whilst working as a conciliator for what is known now as TARION CORP., I routinely had to tell condo unit owners that most of their defective workmanship / materials» warranty claims against the condo developers / builders were common elements related, depending upon where, physically, the various demarcation points of unit owner - common elements were located.

RECO says in a news release that the charges against Goldmintz resulted from a RECO investigation that determined he had rented a Blue Mountain condo in early 2003 on behalf of the unit's owner on two separate occasions.