During a casualty loss — a sudden impactful event like a burst pipe or broken hose — a condo association must be involved due to provisions in most bylaws and the way insurance works. Here are some basic rules for dealing with sudden damage.
Beauty, aesthetics, and property values may be what first attract residents to a community association, but neighborly spirit is what helps a community thrive and encourages residents to stay. Good Neighbor Day on Sept. 28 is a timely reminder that strong communities are built through everyday acts of care, service, and connection. Those efforts often begin with simple, intentional acts of connection.
There are five sets of documents prospective homeowners should request before buying a community association home. These documents will give you the clearest picture of what you’re stepping into.
Insurance helps community associations manage risk, protect shared assets, and reduce unexpected financial strain. Regularly reviewing coverage, legal requirements, and the division of responsibility between associations and owners can help communities make better insurance decisions. Consider these key areas when evaluating or updating coverage.
One of the most common — and consequential — questions in community associations is about how insurance responsibilities are divided. Who covers what?
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