Property Management
A NJ commercial property manager is responsible for coordinating with the building's insurance broker to ensure the property has adequate:
ALife insurance for tenants
BProperty, liability, casualty, and potentially environmental liability insurance coverage appropriate for the building's use and value✓ Correct
CTitle insurance for all tenants
DMortgage insurance
Explanation
Adequate commercial property insurance includes property/casualty coverage for the building, general liability coverage for premises incidents, and potentially specialized coverages such as environmental liability, flood, or business interruption insurance.
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