The Maryland Legislative Action Committee won a great victory for condominiums throughout Maryland in 2020 with the passage of House Bill 108 and Senate Bill 175. Sponsored by Del. Dana Stein (D-Dist 11) and Sen. Chris West (R-Dist 42), these bills served to raise the maximum amount of the master insurance policy deductible that a unit owner may be held responsible for from $5,000 to $10,000, keeping pace with the increasing deductibles that condominiums are facing. Read the article……………………………………….
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