Question

After a fire burns through XYZ Condominiums, they have to replace most of the interior. Which of the following WILL be covered under the Condominium Coverage Form of the condo association's commercial property policy?

A. Computers used by one of the commercial units
B. Upgrades within individual condos
C. Personal property of a commercial unit
D. Computers used by the condo as a whole

Answer 1

The Condominium Coverage Form of the condo association's commercial property policy covers different aspects related to the fire damage to XYZ Condominiums. Computers used by the condo as a whole would likely be covered while upgrades within individual condos and personal property of a commercial unit are usually not covered.

Step-by-step explanation:

The Condominium Coverage Form of the condo association's commercial property policy covers different aspects related to the fire damage to XYZ Condominiums. However, it is important to note that the coverage may vary depending on the specifics of the policy. Based on the options provided, the computers used by the condo as a whole (Option D) would likely be covered. The coverage for computers used by one of the commercial units (Option A) would depend on the policy, but it is possible for them to be covered. As for upgrades within individual condos (Option B) and personal property of a commercial unit (Option C), they are typically not covered under the Condominium Coverage Form and would require separate coverage.