Maryland SB633 clarifies unit owner responsibility for damage or destruction in condominiums.
Maryland SB633 amends the law to specify that if damage or destruction originates from a unit, the unit owner is responsible for the full cost of repair or replacement. If damage originates from common elements or an external event, the unit owner is responsible for the property insurance deductible. If a portion of the condominium is not rebuilt, the insurance proceeds are used to restore the damaged area. The bill also mandates annual written notices to unit owners about their responsibilities.
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