Escrow & Title
In New York, a 'condominium rider' to a title insurance policy provides coverage for:
AThe building's common areas
BIssues specific to the condominium form of ownership, such as the developer's rights under the offering plan and the unit's share of common element liabilities✓ Correct
CAll future assessments by the board
DStructural defects in the building
Explanation
A condo endorsement or rider to a title insurance policy addresses unique aspects of condominium ownership, including the developer's authority, the unit boundaries as defined in the declaration, and the owner's undivided interest in the common elements.
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