Quick Tip – Planned Community Insurance

By Web Administrator | June 9, 2017

Associations subject to the Planned Community Act are required to maintain property insurance on the common elements and liability insurance.  If the insurance is not available, the Association is required to give notice of that fact to all lot owners either by hand-delivery or by United States mail. N.C. Gen. Stat. § 47F-3-113.

Posted in Property Owners Associations