What does a line of sight rule mean?

What does a line of sight rule mean?

A line-of-sight rule provides guidance to insurance adjusters by telling them how far the insurer must go to restore the property to its pre-loss condition. Meaning of Line of Sight

How are condominiums managed in the state of Massachusetts?

Condominiums are privately owned, managed and governed through the terms set forth in the Master Condominium Documents, deed and by-laws and Chapter 183A of the Mass. General Laws.

What should be covered under line of sight?

Line-of-sight guidelines apply to both the exterior and interior of a residence. Outside, coverage under a line-of-sight rule includes walls, paint, trim and roofing. Inside a home, walls, trim, molding, counters and floors are covered.

Are there line of sight laws in Florida?

Laws and Limitations. Some states, including Florida and California, have line-of-sight laws. In states that do not, insurers may write a line-of-sight provision into homeowner’s policies. You have to read the policy to see if this applies in your case. There are limits to line-of-sight guidelines, however.

What are the rules of the Massachusetts condominium act?

The rules found in the Massachusetts Condominium Act include mandatory provisions that must be included in the bylaws, interests in common areas of the condominium, and expenses incurred by the unit owners’ association. The provisions also explain the fundamental attributes of a condominium.

What is the line of sight rule in Iowa?

Iowa has followed suit through Administrative Code Rule 191-15.44, which provides: 15.44 (1) Replacement cost. When the policy provides for the adjustment and settlement of first-party losses based on replacement cost, the following shall apply:

What is the individual unit deed in Massachusetts?

The individual Unit Deed is the document that provides the unit buyer with the following basic rights and obligations: 3. The Declaration of Trust (The Bylaws) This is the document that establishes the Condominium Association and its legal authority. Most Condominiums in Massachusetts are set up as trusts with trustees.

What are the different types of condominiums in Massachusetts?

To provide a general overview of the Condominium Law in Massachusetts and provide an outline as to the differences between Condominiums, Cooperatives and Timeshares as a form of ownership. I. A. What is a Condominium: