MULTI-RISK INSURANCE CALCULATION
❓ Identified Question
"Can insurance companies override the permillage calculation in determining the value of the condominium's multi-risk insurance?"
🎯 Direct Answer
As a rule, the insurance calculation must respect the permillage defined in the constitutive title, but the insurance company may apply its own criteria to determine the insurance value, provided they are justified.
Official Documentation
📋 Context & Applicability
As a rule, the insurance calculation must respect the permillage defined in the constitutive title, except where justified by the insurance company.
Article 1424 of the Civil Code establishes that common expenses must generally be apportioned according to the permillage, but the insurance company may have its own criteria.
- Verify the condominium's constitutive title.
- Confirm the insurance company's justification for the applied calculation.
✅ Technical Checklist
- Review the minutes of the condominium assembly regarding the insurance approval.
- Consult the insurance contract to understand the calculation criteria.
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.