Bare Land Strata
CapriCMW Risk Advisors bring decades of experience, and unrivaled expertise in risks facing strata corporations. As an indpendent, employee-owned coompany, we stay current on local regulations, and make it our business to keep you informed of, and connected to, changes that affect your strata.
Our Strata Risk Advisors take the time to understand concerns and design a custom solution for your unique service requirements and financial needs. We work as partners: your team receives direct, personal service from senior, highly specialized Risk Advisors—without the red tape.
What is a Bare Land Strata?
Traditional stratas divide buildings into strata lots that are individually owned, commonly seen among condos and townhouses. A bare land strata, on the other hand, divides land.
Bare land stratas usually host detached homes, mobile homes, and recreational sites but may also include attached homes such as duplexes. The strata corporation has no interest in each strata lot owner's buildings unless these buildings are referenced on the strata plan. However, the strata corporation will have interest in common property and facilities such as roadways, clubhouses, recreational facilities and above ground and underground services.
Comprehensive Custom Solution
As an industry leader for residential strata insurance, CapriCMW is proud to offer a comprehensive program customized for bare land stratas which includes:
- Common property including underground services
- Commercial General Liability
- Directors & Officers Liability
- Property Managers Errors & Omissions Liability
- Pollution Liability
- Equipment Breakdown Insurance
Meet the Strata Team
CapriCMW's specialized Strata Risk Advisors have decades of experience in the industry and are here to help you navigate the complex world of Strata and Real Estate Insurance and Risk Management.