Many if not most homeowners and commercial property owners who have purchased insurance to protect their property may have what is called a deductible. To summarize, a deductible is a certain amount of money, say $1,000, that the owner agrees to chip in should he or she need to file an insurance claim.
Leaning condominium leads to lawsuit
A condominium that is supposedly leaning by three inches has prompted the general contractor on the project to file suit against the property developer.
