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Condominium board not answerable for shortfall in insurance coverage protection

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Grasp coverage inadequate for code upgrades after hearth

November 23, 2022

A condominium unit proprietor couldn’t carry negligence and fiduciary claims towards board members for acquiring inadequate insurance coverage to cowl code upgrades to the constructing after a fireplace, a Superior Court docket choose has decided.

Pursuant to the condominium’s bylaws, the defendant board members delegated procurement of insurance coverage to their property supervisor, which apparently represented to the …

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