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PREVIOUS SECTIONAL OF CONTENTMENT SECTIONPREFERRED RISK POLICY I.condominium buildings), other residential properties, and nonresidential properties. GENERAL Description Preferred Risk Policy (PRP)
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Start by gathering all necessary documents and information, such as floor plans, construction plans, and building regulations.
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Condominium buildings refer to multiple residential units that are individually owned within a larger building or complex.
Owners or managers of condominium buildings are required to file the residential form.
The form can be filled out online or by submitting a physical copy to the appropriate authority.
The purpose is to provide an overview of the residential units within the condominium building.
Information such as number of units, occupancy status, and ownership details must be reported.
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