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Old 06-25-2015, 01:49 PM
 
1 posts, read 798 times
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Hi, If an insurance claim is filed for a duplex (for both units) by a the trustee of the condo; the claim is paid and everything is settled. How long after the check from the insurance company comes does the trustee have to share the payout with the other unit?

Essentially, if 1 unit receives the entire claim for both units, is there any law or requirement to pay out the other unit's half by a certain time?

Our Condo's Trustee has received the insurance payout over 3 months ago yet we still have not received our portion.

The only reason I even know the claim got paid is because I called the insurance company.

Thanks
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Old 06-25-2015, 03:45 PM
 
Location: Massachusetts & Hilton Head, SC
10,020 posts, read 15,665,421 times
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Did you ask the trustee why? Is the payment amount supposed to split equally? I'd want to get a breakdown from the insurance co.
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Old 06-26-2015, 06:17 AM
 
3,038 posts, read 2,414,353 times
Reputation: 3765
Sounds like you need a lawyer.
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