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With building insurance there is a distinction between the insurance requirements for different types of community titled property.  The different types of community titled property that have different insurance requirements are

Building format plans – an example is the units in a high-rise tower.

  • Standard format plans – an example is freestanding homes or houses.
  • Standard format plans with buildings that have a common wall – an example is units like townhouses with a common wall, or even a duplex or recreation club.

 

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