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August 23rd, 2017 11:49 PM #1
For condo owners: Do you get building insurance for your own unit?
If yes, what does the insurance provide in case (worst scenario) that entire condo building is destroyed? Do you get lumpsum or what?
If not, what happens when the entire condo building is destroyed? Does the association dues cover insurance for the building including your unit?
Would appreciate your advise and experience on this. Thanks a lot!
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