The key difference between a condo and a co-op. A condominium owner actually owns the unit in fee simple, like any other homeowner, and owns an undivided interest in the common areas like parking lots, recreations areas, lobbies and hallways. In a cooperative apartment complex you don't actually own...

The same carriers you use to write your condo risks should be able to write your Co-op risk. The only difference would be in the property coverage for the units. The policy would have to be written All Inclusive including any Betterments. Since it is a Co-op the Co-op actually owns all real property...

Melowen wrote:I'm looking for Property on this. Thanks!

You can email me at condorisk@aol.com I would be more than happy to help you out

About time someone said something here that was motivating...