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Community Association Specialty Programs
Condominiums * Cooperative Apartments * Homeowners Associations
Primary and Seasonal
Will a copy of the unit owners certificate be required at mortgage closing?
Is a copy of the original Master Policy required at mortgage closing?
Q: Does the Master Policy cover my personal contents, improvements and betterments or personal liability?
A: No, you need to purchase a separate unit owners HO-6 policy, which covers these items. Please discuss with your agent or click here to complete our quick quote form.
Q: Will a copy of the unit owners certificate be required at mortgage closing?
A: Yes
Q: Is a copy of the original Master Policy required at mortgage closing?
A: No, you only need a copy of a certificate of insurance.
A: GRC is an abbreviation for Guaranteed Replacement Cost. For additional information, please contact our office.
A: ISAOA is an abbreviation for "It's Successors And Or Assigns". This wording may be required by your financial institution on your certificate of insurance, which can be included on the certificate.
A: ATIMA is an abbreviation for "As Their Interests May Appear". This typically follows ISAOA. his wording may be required by your financial institution on your certificate of insurance, which can be included on the certificate.
