The expert appraiser carries out the appraisal of the total damages, both private and common and the CCS pays the total amount to the insured Association. For this reason, the Association must decide how to share out the compensation amongst the co-owners.
In the case of a policy subscribed by the Residents' Association that covers common elements and elements belonging to the building, when the damages are compensated, how is the compensation shared out?
Frequent questions : Extraordinary Risk Insurance
In the case of a policy subscribed by the Residents' Association that covers common elements and elements belonging to the building, when the damages are compensated, how is the compensation shared out?
In the case of a policy subscribed by the Residents' Association that covers common elements and elements belonging to the building, when the damages are compensated, how is the compensation shared out?