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Archive for the ‘Kentucky Condominium’ Category

Progress in preparing the draft regulations under the Thailand Condominium Act amended in 2009 with the purchase and sale agreement is almost completed and will be presented to the meeting of the Council of Ministers (Cabinet) in August 2011. The essence of the contract will be to declare the act as another measure to protect consumers, which requires that any project or condominium units which will be open to the public for sale must be certified or approved by the Environment Impact Assessment Committee (EIA) and must have a valid license for construction.

The framework of this contract will provide fairness for the buyer. Many previous condominium projects were sold or booked but without passing the EIA assessment first which meant that there were many legal cases being brought against developers.

The legislation drafting committee has now approved Condominium Act law.

Preliminary determination of the initial height from three stories up and the height of the building will be based on the building control act which regulates the rules or details already. Room sizes, for example, must have a minimum usage area of 20 square meters and a bathroom included. However, the editing of the various definitions will take a year to complete and make enforceable.

The new combined Bangkok city plans to include FAR (Floor Area Ratio) for land use along the metro system includes both open-for-business and under-construction projects and investment projects in the planning stages.

According to the combined Bangkok city plan which is considering updating and prepare to announced a new city plan enacted for 2012.

By taking lessons and shortcomings of the previous land use plan for revision as well as the growth rate of both residential and commercial development including the number of people using the area as a key element in determining the future layout of urban development.

The consideration of the new Bangkok city plan will increase the use of land along the entire metro route which is currently in service and currently under construction according to master plan and investment plan.

This is because the demand for land along metro lines is high from both investors interested in investing in all types of commercial ventures including shopping centers and low-rise housing and high-rise housing especially in the inner city and central areas and the demand of living near working areas and shopping centers. The city of Bangkok will increase the FAR ratio or total building area per land area to be able to construct more on the same piece of land as 1-2 times.

Apart from that, areas in Bangkok inner city and Bangkok middle areas that have the overhead train can be able to develop more high-rises with land high prices and are likely to be considered worth the investment of further rail systems including Bangkok’s outer areas stations.

However, BMA has planned to raise the ceiling of a maximum FAR10: 1 to FAR 15:1 especially in some of the red zone area such as some part of Silom will also increase In descending order according to their suitability and land use. increasing the FAR to 11:1, FAR 12:1, FAR 13:1, FAR 14:1 and FAR15: 1. However, it must depend on the city planning committee for approval.

http://business.ezinemark.com/progress-in-preparing-the-draft-condominium-statute-7d2f57254382.html

When you buy a Langley condominium unit or townhouse complex, there are certain things you should always consider.

The Strata:

• Monthly and annual dues – It is essential to consider that bigger strata dues are not entirely a bad thing. A condo complex with a good budget for security and maintenance can give you lots of benefits and it may entail you savings. Strata’s that have lower maintenance fees have limited capacity to secure and maintain the premises. This could result in costly repairs down the road.

• Find out if the complex is self-managed or professionally-managed. Professionally managed condo units are generally a wiser option. Owner handled complexes may not have the proficiency to correctly project maintenance expenditure and resources accordingly. Higher maintenance dues will normally turn out to be more cost efficient in the long run. In this way you can avoid more costly repairs that result from inadequate maintenance

• It would also be to your advantage if you could make sure that they have sufficient contingency account. Having ample financial buffer is advantageous as it can protect you from unforeseen problems. This can also shield you from the shock of large financial levies in the event of such problems.

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• Check if the condominium association has any outstanding legal concerns. It is always wise to do a little investigation so that you know what you are getting into.

• Ask for a copy the minutes of past board meetings. Look for signs of forthcoming expenditures. See if there are recurring issues or controversies. Assess the issues and determine if these have a direct impact on you.

The regulations:

• Find out the rules and regulations that govern your home. Are you amenable with them? Will your lifestyle fit well with their rules and regulations?

• Are pets allowed? If so, what types, what size and how many? If you have pets, make sure to clear this up before purchasing your new home.

• Are there limitations about particular activities or noise levels? If you are a car enthusiast you might want to make sure your new home doesn’t have rules that restrict you from working on your car outside your unit.

• Are there restrictions about long term guests? If you expect frequent guests that stay for long periods you might want to check if the strata have rules covering this.

• What areas of your unit is your responsibility and what areas are common responsibilities? If you plan to do major interior renovation work you should check with your strata first. It’s always best to make sure before buying than to assume that everything will be alright.

• Find out if the unit can be leased. If so, check the number of units currently owner occupied as opposed to the number that are being rented. This is a vital concern that can affect the resale value of your home. It can also possibly affect your quality of living. It is usually better to have owner residents as neighbors.

Not considering these factors carefully might lead you to end up with a less than ideal home purchase.

http://www.articlesbase.com/real-estate-articles/things-to-consider-when-choosing-a-condominium-unit-or-townhouse-complex-656464.html

Article by Pedro Cortez

If you are on the lookout for a single loved ones residence, hunting as a result of the several condos for sale could be a far more inexpensive and wiser alternative for you. Condominiums for sale have a number of benefits which make them a greater selection than other small but far more high-priced properties and by understanding the appropriate resources to uncover them you can make a protected and satisfactory invest in.Purchasing a condo for sale:There are several causes why you must get a condominium for sale rather than a single household household.o Reduced asking prices — In contrast with other properties, new as properly as foreclosed condominiums arrive at a lot lower asking prices that are almost 50 percent of their recent market place value.o Larger models — There are a significant quantity of condos for sale obtainable in the sector which are much more spacious with far better layout than other apartments getting provided at the similar price.o Better amenities — With recreational facilities like pools and tennis courts as effectively as landscaping of the grounds and routine maintenance of the exterior of the household, condominiums for sale supply considerably greater recreational amenities.o Prime locations — Most condos for sale are located in very scenic areas like seashore condos for sale which is a discount chance to reside in a quality area without having spending too a lot cash.Acquiring a great discountDetailed below are some excellent resources through which you can locate condos for sale at great discount bargains.o On the internet listings — By logging onto a lookup engine and typing the words “condo for sale” along with the area of your choice you can locate a list of properties to pick from.o Genuine estate internet sites — Subscribing to a real estate web site can be an efficient way to locate some very good deals on condominiums for sale as they will provide you the most recent data and the greatest obtainable discounts as ideal to your finances and specifications.o Brokers — You can also seek advice from a actual estate agent who can get you in touch with good bargain bargains on condo for sale such as attributes located in desirable locations this kind of as beach condos for sale.o Government listings — There are a huge number of HUD seashore condos for sale all about the nation which can also be purchased at a excellent bargain price which you can locate on the web as nicely as by visiting the county offices.

http://goarticles.com/article/Condominiums-For-Sale-Why-Obtain-Condos-For-Sale-and-How-to-Uncover-Excellent-Discount-Offers/4718454/

This residential community began in 1822, established by about 80 settlers of the North Union Settlement of the United Society of Believers (perhaps referred to as Shakers for the tremors experienced by the faithful under possession by spirits). Damming Doan Brook, the congregation created the Shaker Lakes, and established both a gristmill and sawmill, enabling it to grow to several hundred people. However, as the sect practiced celibacy, it was doomed to extinction, and the settlement disappeared by about 1890.

Within a decade, the entrepreneurial Van Sweringen brothers bought the settlement’s land to develop a garden suburb. The brothers then purchased the Nickel Plate Road railroad system, in part to provide rights-of-way for what would become the Shaker Heights Rapid Transit Line of light-rail streetcars.

The former Shaker Village was incorporated in 1912 and by the 1930s became a city. It has grown steadily, to a population of about 30,000, and is a racially, socially and demographically diverse community.

Employing planning principles espoused by the great landscape designer Frederick Law Olmsted, the Van Sweringens laid out most of Shaker Heights: its median boulevards, curving tree-lined streets, roundabouts, spacious home lots, and locations for churches, schools, civic and commercial buildings. One of their gems is Shaker Square, an octagonal traffic ‘roundabout’ and multi-street intersection populated by restaurants, retail shops, a cinema, and a bustling transit station. Roughly 3/4 of the city is today recognized as the Shaker Heights historic District by the National Register of Historic Places.

Shaker Heights is a showcase of fine residences. Historic mansions grace such streets as South Park, North Park, South Woodland, Shaker and Coventry. So-called ‘workers homes’ — huge multi-story Colonials that housed the employees of previous generations of Shaker millionaires — line many of the surrounding streets.

Much of the vicinity of Shaker Square and the corridor of Van Aken Boulevard are populated by grand old brick-and-stone apartment and condominium buildings, featuring such delights as oval rooms, carved stone ornamentation, timbered ceilings and leaded-glass windows.

Shaker Heights is also renowned for the quality of its public education, as well as that of its private schools of Laurel School, Hathaway Brown, and University School. The city is also served by the many arts, cultural, university and medical institutions of nearby University Circle.

http://www.bukisa.com/articles/269953_shaker-heights-ohio

Article by Raven San

People with great responsibilities in life always deserves a break. Its either going to a spa to be relaxed and have a wonderful time with himself or herself. They also want to go home without worrying about their safety. They often get sick to go home but cant have the comfort and shelter they have been looking for. Comfort is one of the basic essential need of a person in order to live their life to the fullest. Believe me there is no man who does not want to have a home with peace and Zen or dream to live in a hotel or condominium. As we all know, condominiums are apartment houses, a multiple-unit complex which a person has to buy if in need of a place to stay in. Hotel is an establishment offering lodging to travelers and sometimes to permanent residents, and often having restaurants, meeting rooms, stores, etc. People may sometimes have more need of a home that a condominium alone can not give, and so, it is made. It is developed to give sufficient convenience, shelter, comfort, security, leisure, and etc., its decor-ready, furniture-ready. Now, there are condos that offers cultural arts. Everything is provided! It might be your desire quencher, so grab the chance of having one. It is also for people interested in investing their earned money into a worth having property.

Services Their services are related to what we can experience in a hotel. They now come with shops, lobby, food chains, spa services and business centers. They also give housekeeping services, maintenance and other services such as room services, assistance, personalized customer service and professional customer service. Decorations CONDO-HOTELS have professional interior designers choosing what is best for the unit. Each of their unit is refined with identical or consistent manner like in hotel rooms, and buyers will only need to choose and move to the unit they like. Price The usual price for condo hotel is very expensive, because of the favor offered with the unit buyers. It is obvious that we can hardly find a condominium or hotel unit at a lower price. But there are hotel marketing services broke the barrier on a unit’s affordability in hotel market. Buyers can have their own unit lower than the usual rate per condominium unit.

Accessibility Actually, you can now find a company offering a hotel marketing service in a town nearest to you. Uptown CONDO-HOTEL marketing service is now in some places in different countries. And their price may vary with the location of the unit. Most of condo-hotel units are located in towns which malls, gyms, cafe, food chains, spa, sports clinic, etc., are very accessible. Public pools and pubs are also available in most condo units now. It is now labeled as a type of real estate about five years ago. And people who discovered about condo-hotels is growing; internationally and domestically. Luxurious units are appreciated by many people who loves comfort. having your own condo unit can be a very big advantage to those who are busy that they can not even take care of their units. Unit owners can save more time, effort.

http://goarticles.com/article/Condominiums-For-Sale-Philippines/4994078/

This museum is unique in that it was saved from demolition in 1986 by the neighbors of the couple who did not want to see it destroyed or the plot turned into a condominium complex.

From the outside it just looks like any other house, but this is one of Montgomery’s best-kept secrets.  It is the only remaining residence of the famous couple anywhere in the world.

Fitzgerald authored the Great Gatsby while his wife authored her one and only book “Save Me the Waltz”.  The couple lived here with their daughter Scotti from 1931 to 1932.

The building itself was originally constructed in 1909 and these days it houses apartments upstairs which help fund the expenses of the museum downstairs.

Fitzgerald was originally born and brought up in St. Paul Minnesota to a family that cared about social etiquette and encouraged Scott to hobnob with the social elite and to always stay well dressed.  When he moved on to university at Princeton, he gained notoriety for his writing skills.

His most famous novel came about after he had written and published several short stories.

That famous book, the Great Gatsby is regarded as one of the best literary works of the 20th century but did you know that it didn’t bring Fitzgerald much fame or fortune at all at the time?  He later went on to being a screenwriter in Hollywood.

It was actually Zelda Sayre Fitzgerald who was born in Montgomery, Alabama and the couple met at a dance in the Montgomery Country Club while F. Scott was serving in the army.

They married once he was discharged from the army and later moved to the home on Felder Street.  It was in this house that Fitzgerald’s novel “Tender is the Night” was completed.

The museum was opened in 1989 and has limited hours of operation.  It contains many artifacts special to the family. There are two marble-topped tables from Zelda’s childhood home in Montgomery, several of Zelda’s paintings and many photographs and letters from the family.

The 30-minute documentary that’s available is well worth checking out.

The museum celebrated its 20th anniversary on July 25, 2009. Zelda would have been 109 years old at the same time.  The museum is open Wednesday through Friday 10-2pm and Saturday and Sunday 1pm to 5pm.  The museum is well worth a visit.

Don’t miss it.

Website: http://www.fitzgerald-museum.com

http://www.bukisa.com/articles/209242_f-scott-fitzgerald-museum

Article by Paul

Property management services are offered to communities to help maintain the financial and association aspects that most people do not have the time to fit in to their preexisting schedules. These services are provided to help keep a community maintain its structure while fixing areas that are in need of improvement along the way. Condominium properties may include all year round residents, but a portion of the time they are strictly used as a second home. Property management handles all the notifying of those who may not be able to attend neighborhood meetings so that every resident is aware at all times of any actions that are being performed throughout their community.

The financial portion of property management includes many measures that must be met in order to keep your condominium property at its finest. At the beginning of each year the manager is required to gather with the board and discuss an affordable budget that will allow for neighborhood improvements to be accomplished. This budget is then collected by the management service in the form of what is known as home owner fees. As property management services actively collect neighborhood fees they are also active in keeping up with the association details that have just as high of an importance.

The association aspect that comes with owning condominium property is what allows each resident to have their own voice on neighborhood improvements. Handled by management services, they allow every person an opportunity to submit suggestions directly to the board or in secret. In other words, it is your condominium property and you should have the chance to make it your dream community. Other association aspects include keeping the neighborhood utilities up and running while your schedule leaves you busy. It is important to those who use their condominium as simply a summer vacation spot to return to the property without being greeted with problems from the moment they arrive.

Property management services are in the business for the long run and will make themselves available to you year round. They focus not only on fixing current neighborhood problems, but they also put aside a budget to allow room for any future goals the residents may have. They keep a close eye on all utilities, including your neighborhood pool or tennis court. Knowing whether improvements, such as a new pool lining, are going to be needed is important so that funds are available when the time rolls around. Protect your property by hiring a professional manager and they will in turn protect you.

Raleigh Property Management

Condo Management Hilton Head

http://goarticles.com/article/Condominium-Property-Management/5070638/

Bangkok – The city
The city of Bangkok (The capital of Thailand) lies in the heart of the country. It serves not only as Thailand’s capital it is also Thailand’s largest city. Bangkok is a hit among foreigners for its booming tourism industry. There is an array of famous and interesting destinations for example Chitralada, Royal Grand Palace, Erawan Shrine, Wat Pho, the Reclining Buddha, the Bangkok National Museum, the Bangkok University Art Gallery and many more. In Thailand Bangkok is indeed the place to be.

Bangkok condo rental
For those planning to stay for quite a while, Bangkok condominiums (or condos) are readily available. In addition the Condos for sale and for rent can be a good investment for the university student, the young professional, the bachelor, or event the foreigner who’s planning a long term visit.

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Living in a condo in Bangkok
Living in a condominium in Bangkok has its benefits. For one, it is relatively affordable, upkeep is generally cheap and, safety is also somewhat guaranteed by the building security team prevalent in most condo projects.

Condo communities
A condo owner can become part of an exclusive community of fellow owner with most condo developments having spas, gyms, saunas, swimming pools and last but not least a library.

Condo investments
A lot of foreigners invest in condo units because it is the only form of asset a foreigner can claim legal possession of. Buying or renting a condo unit in Bangkok is also assisted as there are a myriad of resources in the form of real estate consultants and property agents there to assist in making the process less tiresome. Nowadays, buying or leasing a condo unit has become really expedient.

Condo listings
If you are particularly interested in condo living in Bangkok but you’re still in another country, you can easily check the listings over the internet. The listings of rental properties in Bangkok are usually and mostly located in the most pleasing districts for residential areas. So you can be assured that even if you don’t get to accomplish a viewing at least you know, the condo unit is situated favorably.

http://www.articlesbase.com/real-estate-articles/bangkok-condominiums-living-in-the-heart-of-thailand-4599106.html

Good planing is needed, you can do it …. the 20 sqm condo need not be like a shoe box.

Urbanites , young couples and professionals are looking into a small pads in the metropolis .+I came up with the system where you can double the space .

1. Light, neutral colors make the room expensive .

2. Since clutter is the main  concern of condo dwellers , many of the walls are actually built – in – cabinets .

3. To save on space , the furniture proportion is scaled down and have dual purposes . Benches contain lots of drawers and freestanding cupboards can be converted into work desk . Beds and iron boards can be tucked into the walls and laid out when needed.

4. Doubling the space means doubling the utility . You can use the space for other activities during the day . A room for instance , can be a study or office by day and converted into bedroom at night .

5. The kitchen can be transformed into dining area with cabinet caddies that can be folded up into a dining table . The hall-way is actually a walk-in closet .

Twenty years ago , people moved into a subarbs because the city was getting crowded . But with the rising cost of gasoline and traffic , they’re now acquiring small condominiums in the city for convenience .

My advise is that for small space , stick to simple natural colorsso the space looks expensive . Too much of plain colors can get dull  so you add accent paints and accent finishes — a range of finishes in which all the swatches match . The selection is idiot – proof . They can be mixed and matched without worrying that nothing can blend . The colors are mostly  earth tones and natural colors drawn from nature and sunlight . The finishes are suitable for condo living — resillient to the wear and tear of daily use and are cost effective .

Long – lasting finish

One finish is Thermafuse laminate which endures extreme heat and preasure . The hardware is also very sturdy and rush – proof  and the acrylics are safe for children . You can use them at the lower porion of the cabinet without fearing that the kids will break it or hurt themselves .

Even the lighting design follows an idiot – proof formula , where every square meters follows a certain ratios of light  and fixtures , depending on the pricing. The lighting could be as direct as task lighting for reading  or for highlighting artworks , or cove lighting for mood or for avoidance of glare .

On trends , clients are more mobile , hence they want a low – maintenance lifestyle with less clutter . Storage is their main concern because clutter is the enemy of space . Compared with the past decades, they are more selective about their accessories . They are more pragmatic and favor objects which have emotional value .

Some tips

A. Embrace Built – ins. Beds can be tucked in the walls and laid out when needed .

B. Lose the ironing board . It is mounted in the cabinet . You save space .

C. Choose convertible furnishing . Caddy cabinet makes a table for four or six .

D. Defy gravity . A fordable cantilevered dining table for two allows free – flowing  movement .

You can find me here :

www.yourbestchoicehome.blogspot.com

Make your video the easy way , join here , its free

www.easyvideoproducer.com

http://www.bukisa.com/articles/54662_how-to-make-your-small-condo-unit-looks-great

MiMA, a 63-story glass tower featuring luxury condo residences in the middle of Manhattan, offers not only luxurious condominium houses, but over an acre of exclusive facilities that creates a total luxury condo destination. A Related Company creation, MiMA is expediently found in the middle of it all- Midtown Manhattan offers some of the NY City’s best nightlife, dining, entertainment, shops and parks. MiMA provides two distinct home opportunities : MiMA Rentals on floors seven to 50 and One MiMA Tower, a collection of condos on floors 51 to 63. Related’s commended dedication to service is again proven at MiMA and incorporates each detail that makes a residence a home. Non-public aides, a twenty four hour concierge, doorman and on-site valet are the start.

MiMA luxury apartment residents will have a move-in coordinator to handle each last detail from selecting the best moving service to handling application and technology set-up. Renters can utilise electronic payment or pay their rent through visa cards and earn valuable rewards. MiMA residents will also have the very latest in technology offerings including WiFi in all the common areas, 200+ channel wire and / or satellite TV service ( Verizon FIOS, Time Warner, RCN and DirecTV ), wire modem service, ethernet, DSL and our most recent option wireless Web thru Wi-Fi service.

MiMA is also one of the first buildings to have a distribution antenna system, which enhances cell phone service across the building and makes sure residents on assorted carriers will have reception. “Related’s dedication to developing best-in-class flats for discerning clients commenced at The Chatham and continued at The Park Imperial and was further raised at One Central Park flats and The residences at Mandarin Oriental at Time Warner Center,” announced Susan de Franca, President of Related Sales. “One MiMA Tower, offering supreme perspectives, provoked design and contemporary design, and superior services, continues the tradition of 5 Star Living.” residences Expected to exceed LEED Silver authentication, MiMA supplies the most up-to-date in green technologies. Each residence features floor to ceiling that showcase striking wide ranging points of view of Manhattan and beyond.

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The gracious layouts include chrome steel appliances, designer finishes, spacious customized closets and in-residence washer & dryer. Conveniences M Club at MiMA is the final home amenity. Totaling over 44,000 sq. Feet, M Club provides a range of health, recreation and entertainment facilities including three landscaped out of doors terraces ( over fourteen thousand sq feet worth ), a full-sized indoor basketball and volleyball court, heated lap pool, residents-only fitness center by Equinox, indoor screening room, personal party rooms, catering kitchen, tech center, game room with pool and Wii. The furnished, landscaped, outside patio, sat at the top of the city, makes you feel a bit like you are miles away from hustle & bustle. Take the lift down, walk through the David Rockwell designed lobby and you’ll find yourself among ground-floor retail to hand. Other unique & opulent features in this building include a Frank Gehry-designed Signature Center, home of the commended Signature Theatre Company, that might open in early 2012 and the YOTEL Manhattan, a cutting edge hotel designed by David Rockwell.

For those with the necessity to entertain, whether non-public or pro, SoftRoom offers twenty thousand sq ft of public space for dining, entertainment, conferences and events. Pet-Friendly When looking out for a pet-friendly space, you must ask the specifics, i.e. What animals are authorized, if there is a weight-limit, for example. At MiMA, both dogs ( under fifty lbs & no assertive breeds ) and pussies are allowed. One amenity that’s excellent for the dog-owners is “Dog City”-a fully-equipped, professionally-staffed pet spa that features an inside and outside play space. It could also include a wash, dry and groom facilities, on and off-site vet care, pet coaching, booked dog walks and pet play dates. Location In the middle of it all ( literally ), MiMA is sited in the courage of Manhattan.

Theatres, unusual eateries, nightlife, indoor / outdoors markets, museums, shopping and parks are all to hand! Bowlmor Lanes Times Square, Bryant park, Hudson Stream Park and Theatre Row are two the cultural highlights that are in your yard. MiMA is within short walking distance of the N,Q,R,1,2,3,7,A,C and E train lines. http://www.luxurycondomanhattan.com/luxurycondomanhattan/MIDTOWN/Entries/2011/3/30_MIMA.html

http://www.articlesbase.com/finance-articles/mima-condominium-450-west-42nd-street-new-apartments-for-sale-in-new-york-city-4848237.html

Are you properly insured against fire, theft or water damage to your condominium or townhouse?  If a disaster strikes, who is going to repair the damage? Will your condo’s insurance cover damage inside the condo or is that up to you?

You may need to get what is known as an HO-6 policy. This type of insurance protects you – the owner of the condo or townhouse and makes sure that your home gets returned to its proper condition following a disaster.

When most people first buy a condo or townhouse they call their insurance agent, explain they are purchasing a condominium unit and that they need to provide proof of insurance to their lender. The agent then supplies proof of insurance for the mortgagee in the form of a Certificate of Insurance or some other Proof of Insurance and the transaction is complete. Usually that proof of insurance relates to the condominium association master policy, not to your personal condo unit.

In most cases, however, there is large gap in coverage for the interior of your condo.  Most condo association master policies just cover the exteriors and common areas.

If you, the condo owner suffer a loss, you most likely will be underinsured – or not insured at all unless you had an HO-6 policy.

In order to fully determine the adequacy of your coverage, you and/or insurance agent need to review the condominium master policy and the condominium governing documents (CC&Rs). It is possible your condominium has “walls-in” coverage on their Master Policy (now required by Fannie Mae). However, this may be a false sense of confidence in the coverage as “walls-in” coverage would likely be limited to replacing the interior fixtures with what was originally installed.

So, if you have a 30 year-old condo that was upgraded recently with granite counters, custom cabinets, marble flooring, dual-paned windows, etc., then you would only be paid to replace the original fixtures – formica counters, green shag carpet, low-grade cabinets and single-paned windows.

However, an HO-6 policy with replacement cost coverage would assure you that you have coverage for what you had at the time of loss.  Just as important, the HO-6, in Coverage, A will probably insure the condominium association master policy deductible if it is assessed to the unit owner.

Even worse would be to discover your condominium association only had a “bare walls” policy. This means that you have absolutely no coverage for anything inside your unit.  If you suffer a loss, you would essentially be without coverage unless you also had an HO-6 policy.

http://business.ezinemark.com/condominium-insurance-are-you-really-insured-4ef3b0e276b.html