CONDO ARCHIVES

The ”Standard Unit”

April 2017

The “Standard Unit” is used to determine insurance coverage. Its intent is to identify which portions of a condo suite are insured by the condo corporation.

The standard unit by-law, if it exists for a condo corporation, is designed to clearly identify the “Standard Unit”.

Improvements, alterations or changes to the “Standard Unit” are not insured by the condo corporation.

The condo corporation is responsible for damage and repairs within the “Standard Unit”.

Condo corporations incorporated prior to 2001 may not have enacted a standard unit by-law. In the absence of this by-law, the standard unit is typically defined as “as built”.

 

Find Vendors in these Related Categories