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By stephen polinsky • January 28, 2015

Condo owner questions Board requirement on property insurance

North Carolina Condo Association Board has questionable requirement for personal insurance policy 012815 resized 600

I am a member of a North Carolina Condo Association.  Can the Condo Association require that a condo unit owner put the name of the Association on personal property insurance (as with a mortgage company)?

This is not in the Declarations or Bylaws, and our Board of Directors has a tendency to make up rules as they see fit, without taking a vote from the condo owners.  We provide to them a copy of our insurance policy, but they do not have a right to that money anyway.

If I am responsible for damage, then my insurance will cover it.  I don’t feel the Condo Association has any right to the money in the same way a mortgage company would.  Am I wrong?

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Please note that blog comments and postings are not legal advice, rather only the opinions of our readers.

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