Q: Our family has been shopping for a two-bedroom condo for the past three months and finally found a location and price range that fits our needs. We put in an offer on the condo subject to receiving specific records and documents and reviewing the depreciation report. One of the documents we specifically requested was a copy of the strata insurance policy. As we are following all of the recent news on insurance issues, our agent has recommended we review the insurance and understand the potential risks we may face. Read the Q&A……………………………..
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