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Views: 6029
Updated
September 1, 2020
Description
As of January 1, 2020, condominium corporations must provide a standard insurable unit description (SIUD) to their insurance provider and all unit owners. The SIUD is a description of what the corporation's insurance will cover. This fact sheet explains how to create an SIUD, and the information...
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Views: 641
Updated
June 3, 2020
Description
Provides guidance from the Director for the Condominium Property Act for condominium corporations to consider when deciding whether or not to file more than one standard insurable unit description (SIUD) for condominiums with differences between units (i.e. different classes).
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Views: 1505
Updated
February 1, 2020
Description
This fact sheet looks at the regulations that came into effect on January 1, 2020, which clarify when a condominium corporation in Alberta is eligible to recover insurance deductible costs.
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Views: 3255
Updated
December 17, 2019
Description
This fact sheet looks at the rising cost of condominium insurance, the government's role regarding property insurance, and what condominium corporations and owners can do in response to these rising costs.