Designation of Improvements, Condo – (CLTA 116.2-06)
Provides coverage to an Owner or Lender against loss sustained by reason of the failure of the exterior boundary dimensions of the common areas being the exterior boundary of the project, or the failure of the title to include certain improvements within the project boundaries. This endorsement is designed for issuance when the insured estate is a condominium.
clta116.2-06 CLTA 116.2-06