Monthly Archives: August 2009

Those So-Called “10-Year” Warranty Policies Are Not Always What They Seem

         If you have bought a new home in Maryland during the last several years, including a new condominium, your purchase likely included what are commonly referred to as “ten-year warranty” policies.”  But a careful reading of the typical provisions of many of these policies reveals that the suggested coverage benefits are nearly non-existent.  In [...]

The Council’s Master Insurance Policy Must Insure Both the Common Elements and the Units

            The law governing condominium insurance requirements, which changed in 2008 as a result of a court decision, has changed again as result of amendments to the Maryland Condominium Act effective June 1, 2009.  During the last legislative session, the Maryland General Assembly took action on the issue in direct response to a 2008 Court [...]