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re: Cash Flow on Rental Property
Posted on 3/2/21 at 11:33 am to LSUGUMBO
Posted on 3/2/21 at 11:33 am to LSUGUMBO
quote:If this is a condo, the association's master policy typically only covers the building's exterior and common areas and the HOA's liability. Individual unit owners get an HO-6 (condo unit owner policy) to cover the interior of their unit (sheetrock, floors, cabinets, counters, fixtures, etc) and the unit owner's liability. You're most likely going to need an HO-6 policy
The HOA covers the building and exterior, so it would be up to the renter to cover contents if they so choose.
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