Unit Assessment

Generally applies to condominium insurance. A share of an assessment charged to all unit owners as a result of a loss to common areas resulting from a covered loss.

Other users also searched for some of the following glossary words and FAQs.

Similar Glossary Words

• Unit Assessment
• Condominium Unit Owners Policy
• Additions and Alterations

Similar FAQs

• Do I need a condominium policy if my condominium association has a master policy for the complex?
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