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Shared land, e.g. cross-leases

Properties with multiple dwellings may be more complex land settlements because of the difficulty in establishing who ‘owns’ the damaged land. In these cases, EQC needs to consider the multiple ownership arrangements before it can calculate the settlement amounts.

EQC will assess land damage on the whole property (within the area of insured land) and then also assess the land damage from the perspective of each residential dwelling.

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