regards to the assessment due thursday depends on whether the loan to do the building work had already been taken out and if any of the full fund had been spent yet. if nothing or little of the full assessment had been spent already he is doubting the owners will have to owe this at all. in the end ideally insurance would cover this one way or another. point three with regards to individual homeowners insurance policies, i spoke with a person saying it s possible they will have to pay for some damage. individual property insurance may reimburse some part of what was lost inside the condos but she learned the hard way during hurricane irma a lot of companies were not generous. the average amount for loss in these policies that people like a regular person would cover, $50,000, okay? point three. if a resident as an outstanding mortgage i would make the july 1 payment. it will take the banks a few
Building
Owners
Assessment
Loan
Regards
Many
Little
Fund
Work
Assessment-due
Nothing
Policies