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Is Attic Common Element of Condominium and Covered by Associations Insurance?
Wiki User
∙ 12y ago
Read your governing documents to determine the boundary between what is owned by individuals and what is owned in common with all other owners: common areas/ limited common areas. As well, the association's broker can help you understand what is insured in the attic area, if the policy is an all-in policy.
There is no standard.
Best practices dictate requiring owners to carry individual HO-6 insurance policies to cover their property, which may include items stored in their attics or the association's attic/ storage areas.
Wiki User
∙ 12y ago
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That information would be set forth in the Master Deed of the Condominium.
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morgenthau
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the Tender to (seek power) is an element of all human associations, from the family through fraternal and professional associations and local political orginizations. to the state
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