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Commercial Insurance

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Third-Party Property Damage on Common Property (Strata)

Third-Party Property Damage on Common Property cover protects the owners corporation against claims for damage on common property. This applies when someone else's property is damaged there, or because of it. It covers the owners corporation's legal liability for the damage.

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Third-Party Property Damage on Common Property cover protects the owners corporation against claims for damage on common property. This applies when someone else's property is damaged there, or because of it. It covers the owners corporation's legal liability for the damage.

Related Term

All Category

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