Responsibilities when fire occurs in the unit
There are fire reports in the news from time to time. Earlier, a fire broke out in a high-rise unit in Tsuen Wan City Plaza. The fire was raging inside the unit, and the outer wall of the balcony upstairs was also blackened by thick smoke. There was also a fire in the same housing estate two years ago. The fire was reported to be a drug distribution factory. The consequences of fire can be big or small. Of course, no one wants it to happen to themselves or neighboring units. Once a fire occurs unfortunately, what responsibilities do the owners of the units involved have to bear?
Responsibility analysis:
- By law, unit owners are responsible for ensuring safety within their units, including measures to prevent fires.
- If the fire is caused by the owner's negligence or illegal behavior, the owner may be held legally responsible.
Countermeasures:
- Regularly check wires, electrical equipment, etc. to ensure safe use.
- Install smoke detectors and fire extinguishers to increase your fire response capabilities.
Conclusion:
Fire alarm is a serious safety issue, and unit owners should always pay attention to safety measures to avoid the occurrence of fire and protect themselves and neighboring units.
Fire Insurance Buying Guide
When an owner applies for a mortgage to purchase a property, the bank will require the owner to purchase fire insurance to ensure the structural safety of the unit. In other words, the owner should take protective measures for the unit before moving in. Fire insurance can generally be purchased through a bank, or the buyer can choose a fire insurance company by himself, purchase the insurance and then submit the certificate to the bank.
If the deed of mutual covenant of the building stipulates that the property management company needs to purchase fire insurance, it is possible that the cost of purchasing fire insurance is included in the daily management fee. The owner should take the initiative to understand whether the fire insurance purchased by the management company provides sufficient protection. If you feel that the management company's fire insurance plan does not provide enough protection, you can purchase another appropriate fire insurance to protect the safety of the building.
The unit has been modified illegally or is not insured
If the unit has been terminated or purchased with full pay, can the owner choose not to purchase fire insurance? Indeed, if the unit does not have a mortgage, the owner does not need to buy any fire insurance. It depends on whether the management company buys fire insurance or universal insurance.
Things to note when buying fire insurance
If the management company does not purchase any fire insurance, it is not illegal for the owner not to purchase fire insurance. However, if an accident occurs to the unit unfortunately, the repair and compensation costs may be very serious, because even if the unit does not have a mortgage, the owner should still purchase fire insurance to protect it. Own.
Policy terms details
When purchasing fire insurance, property owners should also pay attention to the details of the policy terms, especially those related to structural changes. In recent years, many owners like to renovate open kitchens, open up units, change partitions, etc. It should be noted that units with illegal modifications that have not been approved by the Buildings Department may not be insured. It will be very troublesome if an accident occurs. Therefore, owners are advised to seek professional consultation before decorating or carrying out renovation projects to avoid future troubles.
Sufficient coverage
In addition, just like other insurance products, when purchasing fire insurance, owners should remember to pay attention to whether the insured amount provides sufficient protection. This is especially true if the fire insurance is purchased by a management company, as no one can predict the accident.
If the accident eventually affects multiple units or even the entire building, the owner will face high repair costs at any time. Once the insurance coverage is insufficient, many problems will arise.
Fire insurance and home insurance
When purchasing fire insurance, many homeowners will also consider purchasing home insurance. The nature of home insurance is different from fire insurance. To put it simply, fire insurance is related to protecting the structure of the building; home insurance is related to the insurance of home belongings, such as electrical appliances, furniture and valuables. The details of home insurance products provided by different companies are also different. Some home insurance policies even provide coverage for mobile phone and computer repair costs, property theft, credit card fraud, etc. If the owner needs further protection, he can take the time to learn more about home insurance. On the other hand, in fact, not only homeowners can purchase home insurance, tenants can also purchase home insurance for themselves to protect their personal belongings.
Traditional Chinese and Hong Kong mortgages
In traditional Chinese culture, the house is regarded as an important part of the family. Therefore, buying a home is one of the most important decisions many people make in their lives. In Hong Kong, mortgage is one of the main ways to buy a house.
Chinese tradition
In traditional Chinese culture, the house is regarded as a symbol of family, representing stability and prosperity. Many people will work hard to save enough money to buy their own home to ensure the safety and happiness of their family.
Hong Kong mortgage
In Hong Kong, due to high housing prices, many people are unable to pay the full amount at one time to purchase a house. As a result, mortgages have become a common way to purchase a home. Through a mortgage, people can buy a house in installments, reducing financial pressure.
in conclusion
Whether it’s traditional Chinese or Hong Kong mortgage, buying a home is an important life milestone for many people. With hard work and proper planning, people can realize their home ownership dreams.