How responsible are we as individuals or as a condominium for damage and injury occurring on or within the common elements?
The condominium is responsible, as an organization, and has the standard amounts of insurance to cover this possibility. Each homeowner is responsible for his / her share of any amount over and above the limits of the condominium insurance. The individual resident is responsible for mishaps within their own property or the contents of their dwelling unit, thus you are urged to carry insurance for such purposes, typically referred to as an HO-6 policy, and the additional available endorsements sometimes referred to as “all risk” HO-32 and loss Assessments HO-35. Please contact your agent for their recommendations.
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