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Classification Phraseology as of:
1/1/2018
 
Classification Code:
8740(7)
 
Phraseology:

COMMERCIAL AND RESIDENTIAL MIXED-USE BUILDING OPERATION — not Homeowners Associations — property management supervisors — not resident managers or supervisors

Footnote:

This classification applies to non-residing commercial and residential mixed-use building property management supervisors who exercise direction through maintenance or operations supervisors who directly supervise employees engaged in the operation, maintenance and care of commercial and residential mixed-use multi-unit properties comprised of one or more mixed-use multi-unit buildings with four or more units per building. This classification also applies to non-residing property management supervisors who oversee such commercial and residential mixed-use buildings at which all operation, maintenance and care activities are conducted by separate concerns and no payroll is assignable to 9011(2), Commercial and Residential Mixed-Use Building Operation — not Homeowners Associations — all other employees.

Commercial and residential mixed-use building property management supervisors not meeting the above conditions shall be classified as 9011(2), Commercial and Residential Mixed-Use Building Operation — not Homeowners Associations — all other employees.

Property management supervisors who meet the above conditions, but manage only the residential portion of a commercial and residential mixed-use building where a separate concern manages the commercial portion shall be classified as 8740(1), Apartment or Condominium Complex Operation — N.O.C. — not Homeowners Associations — property management supervisors.

Property management supervisors who meet the above conditions, but manage only the commercial portion of a commercial and residential mixed-use building where a separate concern manages the residential portion shall be classified as 8740(2), Commercial Properties — N.O.C. — property management supervisors.

Also refer to companion Classification 9011(2), Commercial and Residential Mixed-Use Building Operation — not Homeowners Associations — all other employees.

Industry Group/Related Classifications:
Approved Pure Premium Rate:
To learn how approved pure premium rates are different than insurer rates, click here.
Effective DatePure Premium RateNote
1/1/2018$1.53New/Renewal
7/1/2017$1.69New/Renewal
1/1/2017$1.83New/Renewal
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The Classification Search was developed by the WCIRB for your convenience to help you identify Standard Classifications based on keywords or a classification code. However, you cannot rely solely on the Classification Search and must make an independent assessment when determining the appropriate classification(s) assignable to a risk in accordance with the USRP.