You can get reimbursed for the cost of additional living expenses while the water damage is being
repaired at your condo or loft or other rented home.
Not exact matches
Yes,
condos are not a good deal in my particular case, but single family homes
at the price range I can afford require
at least 10K
repairs.
That means your belongings, upgrades (custom cabinets), injuries
at your place, lawsuits against you, and temporary living expenses while your
condo is being
repaired.
At very least, the
condo association may have to check off on the
repairs.
Should you be
at - fault for something that happens in the house,
condo or apartment that you rent, your policy will help you cover the cost of
repairs and replacements.
After all, can you really afford to stay
at a hotel for three weeks while your
condo is being
repaired?
Landlord insurance not only protects your Virginia rental property by covering
repairs needed after natural disasters or break - ins, but finding the right policy can also protect investors from litigation, which can result from incidents
at the house, townhome,
condo or apartment building you own.
At a time when
condos are getting older and need their money for
repairs, and with utility costs rising,
condo boards simply should not make discretionary spending choices — even if they think they are entitled to.
They understand that purchasing a
condo would make financial sense — but
at this point in their lives, he added, they would rather enjoy trips to New York City and Europe instead of bankrolling a mortgage and home
repairs.
«Many buildings that went up during the beginning of this
condo boom are already facing high
repair costs, and in many cases lawsuits, because they are built so shabbily,» said Ted Kesik, a professor of building science
at the University of Toronto.