TIP OF THE MONTH
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With freezing temps and burst pipes happening with regularity, it’s a good time to encourage owners to acquire a homeowner’s insurance policy (“HO6 policy”) which would cover their portion of the master policy deductible after a loss. If your docs do not require owners to obtain HO6 policies, you should consider an insurance resolution to modernize the insurance provisions.
https://meebpc.wordpress.com/2018/03/06/condominium-insider-march-2018/