What is a requirement for TFPA Condo claims regarding by-laws?

The correct response indicates that for TFPA Condo claims, it is essential to include by-laws for coverage overlap. This requirement is rooted in the necessity for proper coordination between the coverage provided by the condominium association’s master policy and the individual unit owner's policy. By-laws outline the rules, regulations, and agreed framework that govern the operation of the condominium, including the allocation of responsibilities for maintenance, improvements, and insurance coverage.

Having these by-laws is crucial in determining what is covered under the association's insurance and what is the responsibility of the individual unit owners. This helps prevent gaps in coverage and ensures that both policies work harmoniously. Without this overlap information, there could be misunderstandings about the extent of coverage, leading to potential disputes and inadequate claims settlements.

The emphasis on by-laws as a requirement highlights the importance of understanding communal living arrangements and how various insurance policies interact to protect both the association and individual unit owners effectively.