RE: Halifax Condo Insurance

Man….

If you buy a condo in a large city with a deed it only comes with a managemet office.

Inside the condo you do whatever you want.

Condensation in the rest of the building to fix that can be done with a personal lawyer.

The lawyer files the legal form to the deed owner on the lobby area and then condensation damage is handled through the deed owners legal department…for the lobby management areas outside the tenant unit.

That’s my apartment scenario.

After that, I cover the lease repair sections and the legal department for the lobby area covers the water leaks and outside roof repair.

In smaller rentals with a landlord…

The bank loan to the landlord covers the flood damage on his bank loan flood insurance, to get approved for the loan to own the building.

The tenant inside the building is responsible to cover the interior water removal to keep his lease in tact, and prevent personal effects from water damage.