From The November 2018 Newsletter
It’s vitally important that every owner and resident at Parkview Commons make sure they have the right insurance coverage in the right amounts. Owners are responsible for maintaining, repairing and replacing all portions of their units and all items such as appliances, plumbing, electrical and air conditioning fixtures or installations or utility service facilities within their unit boundaries.
Owners are also liable for damages outside their unit if those damages are caused by owner act or neglect or, if you rent to a tenant, your tenant’s act or neglect. Please consult your insurance professional to determine what coverage for all losses and liabilities is appropriate for you. Tenants should also consult an insurance professional about renter’s insurance and any appropriate liability coverage—typically tenant belongings are not covered by the landlord’s insurance, and it may also be advisable to insure against liability.