- Condominiums - Responsibility for Property Insurance Deductibles
- Sponsored by
- Delegate Stein
- In the House - Hearing 2/04 at 1:00 p.m.
Specifying that the council of unit owner's property insurance deductible is a common expense if the cause of any damage to the condominium originates from an event outside of the condominium units and common elements; increasing, from $5,000 to $10,000, the maximum amount of the council of unit owners' property insurance deductible for which a unit owner is responsible; applying the Act to all policies of property and casualty insurance issued, delivered, or renewed in the State to a condominium council of unit owners; etc.
Last Updated: 1/19/2020 9:40 AM