Question

 Who do you contact if a condo has been abandoned by the owner pre-foreclosure and the pipes froze causing major water damage that affects the entire building?

Answer The first contact should be to your master insurance policy carrier.Two duties are involved: one, a duty to repair; and second, a duty to pay for the repair.The insurance carrier can help the assoc... Read More »
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Top Q&A For: Who do you contact if a condo has been abandone...

I am renovating my condo unit on the 5th floor. I broke open a water pipe causing it to flood down to the lower units. Am i responsible or would the damage be coverd by the building condo insurance.?

Since you caused the damage, your HO-6 condominium unit owner's insurance may cover the cost of repair. However, your insurance company and the insurance company that carries the master policy will... Read More »
http://wiki.answers.com/Q/I_am_renovating_my_condo_unit_on_the_5th_floor._I_broke_open_...

Does owner of condo take responsibility for water damage to the condo under them?

It is commendable that you want to step up and take responsibility for water damage that you may have caused: your washer overflowed, your drain backed up, and so forth. Often, water damage extend... Read More »
http://wiki.answers.com/Q/Does_owner_of_condo_take_responsibility_for_water_damage_to_t...

Does an Illinois condo owner have to submit a claim on their own insurance even if damages were caused by another condo owner's water leak?

This kind of unfortunate situation that occurs in multi-family housing must be addressed on two levels: First, identify the source, stop the leak, repair what's causing it, and clean up the damage.... Read More »
http://wiki.answers.com/Q/Does_an_Illinois_condo_owner_have_to_submit_a_claim_on_their_...

Can an owner of a condo pass on to the condo owners the park fee he was require to pay before building the condos?

There is no standard answer to your question. Read your governing documents to determine what is possible in your case. There may be special fees you pay when you purchase a unit from a developer, ... Read More »
http://wiki.answers.com/Q/Can_an_owner_of_a_condo_pass_on_to_the_condo_owners_the_park_...


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