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Property Ownership TransferCondo_ownership_nyEASY

Susan's condominium unit in Rochester has a water leak that damages the unit below. Under typical New York condominium arrangements, who is responsible for the damage to the lower unit?

Correct Answer

A) Susan's personal liability insurance

Under typical New York condominium arrangements, damage caused by one unit to another unit is generally the responsibility of the unit owner who caused the damage, through their personal liability insurance. Unit owners are typically required to carry liability insurance for this purpose.

Answer Options
A
Susan's personal liability insurance
B
The condominium association's master insurance policy
C
The damaged unit owner's insurance
D
The city's liability insurance

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Related Topics & Key Terms

Key Terms:

liability_insuranceunit_damageinsurance_responsibility
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