Sent to Owners at ArriVa

Effective Jan 1, the province changed the Alberta Condo Act so Condo Corporations can now charge back the deductible to the owner of the unit from which a loss originates, regardless of negligence. This can be done up to $50,000. Our insurer has advised us to send this notice to the unit owners to ensure that you have Loss Assessment coverage on your policies to cover any deductible that is charged back to them.


<Notices 2020