Posts Tagged "Condos"

How To Lose Your Home in Less Than 10 Minutes

Posted in For Buyers, General Musings

How To Lose Your Home in Less Than 10 Minutes

Most people think that having condo insurance is like having renter’s insurance, you need to cover your personal possessions and the rest is covered by the master policy of the HOA, right?  That’s what you pay your HOA dues every month for…well, sorta right.  Here in Utah we have Utah Condo Law that specifies ,( well , they didn’t really put it like this, being an official law and all, but this is what it means), if you took your unit and turned it upside down, everything that falls out is what you as a homeowner would be responsible for insuring. Pretty straight forward, right? ...

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