Who is responsible for repairs within a condominium unit? Who is responsible for repairs in the common areas of a condominium?

Condo insurance can cover liability claims, damage to your condo unit and belongings, and additional living expenses if you're unable to stay in your residence ... HO3 vs. HO6. A homeowners insurance policy – or HO3 policy – covers both the outside and inside structure of the dwelling. By contrast, condo insurance – or an ... Dec 27, 2024 ... A condo home is a private residential unit within a larger property or complex that you can purchase and own. While you have complete ownership ... Jun 27, 2024 ... While I will avoid engaging in a discussion of California HOA law as compared to Massachusetts condominium law, what is important about this ... Jan 18, 2024 ... Some declarations will require the association to be responsible for such loss if the association is required to insure the component. In that ... Sep 15, 2015 ... In other words, property management is about managing rental property for owners; condominium management is about carrying out condominium ... Nov 28, 2017 ... A condo is simply a more specific form of an apartment. That means a condo will always be an apartment, but an apartment doesn't necessarily always have to be ... Feb 4, 2022 ... Generally, both are apartments within a multi-unit building. The major difference lies in the ownership structure. A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each ... Jan 16, 2019 ... Apartment is US term, flat is British term. They are equivalent condo is short or slang for condominium. Both condos and apartments are multi-unit buildings.