Insurance

Discussion in 'Legal Issues' started by Ryno, 5th Mar, 2016.

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  1. Ryno

    Ryno Well-Known Member

    Joined:
    29th Sep, 2015
    Posts:
    75
    Location:
    Sydney
    Hey Guys

    Im looking at a detached house in a gated community run by a body corporate. just wondering if this still requires building insurance on top of landlord insurance?

    Thanks

    Ryan
     
    Ryno, 5th Mar, 2016
    #1
  2. Cactus

    Cactus Well-Known Member

    Joined:
    18th Jan, 2016
    Posts:
    1,445
    Location:
    Melbourne
    Yes. The body Corp fees are likely only for the estate maintenance and the private road and gate sinking fund.
     
    Cactus, 5th Mar, 2016
    #2
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