flood and your first floor condominium

The litigation landscape blog writes in a recent blog titled:

“The bottom is out”

Residential Condominium Building Association National Flood Insurance Program Flood Policies do not cover most personal property items below the first elevated floor.  Most post FIRM residential condominium buildings along the New Jersey shore have an elevated first floor.  In many instances the space below the first floor where the garage, breezeway, utility and storage areas are located is enclosed, and has been improved.  In some cases these improvements even include showers and toilets which traditionally may have been in secondary structures in older beach community developments.  Most of these improvements are not covered.  If someone promised you insurance coverage for improvements and personal property stored in these areas you may have a claim against them.

One comment

  1. Samella Magouyrk says:

    In a townhouse complex, multiple physical houses are combined into a single architectural building. Each unit owner owns an identified plot of land and the building affixed to it, but that building is physically part of a larger building that spans lots. There is a continuous roof and foundation and a single wall divides adjacent townhouses. If there is an apartment below not owned by owner of townhouse it is not a townhouse just a bi-level apartment, condominium. Legally, this is very similar to detached houses, but because of the intertwining of interests in the single architectural building, a homeowner’s association is required.,..

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