MANDATORY COMMON INSURANCE
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❓ Identified Question
"Is it mandatory to have a common insurance for the condominium if individual insurances already exist?"
🎯 Direct Answer
As a rule, the condominium must have a common insurance covering the common parts, regardless of the individual insurances of the condominium owners.
Legal Basis: Artigo 1424.º do Código Civil View on DRE
Official Documentation
📋 Context & Applicability
Common insurance is necessary to cover the common parts of the building.
Article 1424 of the Civil Code establishes the condominium's responsibility to insure the common parts.
- The condominium must contract insurance that covers damages to the common parts.
- Individual insurances of the condominium owners do not replace the need for common insurance.
✅ Technical Checklist
- Verify if the common insurance is in force.
- Confirm the coverage of the common insurance regarding the common parts.
Applicability depends on verifying whether the common insurance already exists.
Legal Notice
This content is for informational purposes only and does not replace personalised legal advice.
Always confirm critical decisions with a qualified lawyer or professional.
The content is specific to Portuguese law and may not apply to other jurisdictions.