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Master Policy For NYC Condo Or Co-op

How to Buy a Master Policy for Condos and Co-ops

When buying insurance for a condo or co-op building, the managing entity needs to balance adequate protection with fiscal responsibility. Having the right master policy affects the financial options of both the building association and of the individual owners. This…

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Association Directors And Officers Legal Fees

How to Choose Directors and Officers Liability Insurance

  In our litigious society, association boards and property managers need to protect themselves against legal action. Consider the following examples of actual disputes: One association board spent $1 million defending itself against a resident allegation that a special assessment…

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