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Since every owner or tenant is a named insured in the strata corporation’s insurance policy,[65] the corporation’s policy covers each owner and tenant. Yet, the strata corporation’s mandatory property and general liability insurance do not protect an owner or tenant from every loss they may suffer. The wording of the strata corporation’s policy is critical when determining what coverage the policy provides to each owner or tenant.[66]
In addition, the ...(click to read more)
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