Common use of COMMON PARTS Clause in Contracts

COMMON PARTS. Those parts of a multi-ownership building (of which each Housing Unit is part), for a common or general use, for which the Policyholder has joint ownership and/or legal responsibility.

Appears in 4 contracts

Sources: Insurance Policy, Insurance Policy, Insurance Policy

COMMON PARTS. Those parts of a multi-ownership building (of which each Housing Unit is part), for a common or general use, for which the Policyholder has joint ownership and/or or legal responsibility.

Appears in 2 contracts

Sources: Insurance Policy, Insurance Policy

COMMON PARTS. Those parts of a multi-ownership building (of which each Housing Residential Unit is part), for a common or general use, for which the Policyholder has joint ownership and/or or legal responsibility.

Appears in 1 contract

Sources: Residential Property Insurance Policy