What happens when a fire caused within a condominium unit destroys that unit, some common area, and damages other units? It becomes an expensive situation for the association. Even though insurance should pay for all of the damages, the association’s insurance premiums going forward could increase dramatically. This is exactly what happened to a small condominium association in Wisconsin.    Read the article…………….

Editor

Recent Posts

Bluffton homeowners sue Palmetto Bluff Club over mandatory membership waiver (SC)

In an effort to reverse what some Palmetto Bluff residents see as an overreach by…

1 hour ago

Social Media Best Practices For Your Community

The primary allure of social media in community associations lies in its ability to foster…

2 hours ago

Helpful Tips for Effective Board Operations and Decision-Making (OH)

Effective governance is the backbone of any community association. The board of directors plays a…

2 hours ago

Ensuring Financial Stability: When to Initiate the Collection Process for Condominium Associations (MI)

Condominium associations occupy a critical role in maintaining the economic health of community living spaces,…

2 hours ago

Philippines: Makati condo refuses to release info for PDEA ‘leak’ probe, cites privacy

The management of a condominium unit mentioned in an alleged leaked report of the Philippine…

2 hours ago

Litany of lawsuits blame former B.C. condo owners for massive fire

Two years after a catastrophic condominium fire forced more than 160 people from their homes…

2 hours ago