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Classification Phraseology as of:
9/1/2023
 
Classification Code:
8740(1)
 
Phraseology:

APARTMENT OR CONDOMINIUM COMPLEX OPERATION — N.O.C. — not Homeowner Associations — property management supervisors — not resident managers or supervisors

Footnote:

This classification applies to non-residing apartment or condominium complex property management supervisors who exercise direction through maintenance or operations supervisors who directly supervise employees engaged in the operation, maintenance and care of residential apartment or condominium complexes comprised of one or more multi-unit buildings with four or more units per building. This classification also applies to non-residing property management supervisors who oversee such apartment or condominium complexes at which all operation, maintenance and care activities are conducted by separate concerns and no payroll is assignable to 9011(1), Apartment or Condominium Complex Operation — N.O.C — not Homeowner Associations — all other employees.

Apartment or condominium complex property management supervisors not meeting the above conditions shall be classified as 9011(1), Apartment or Condominium Complex Operation — N.O.C. — not Homeowners Associations — all other employees.

Also refer to companion Classification 9011(1), Apartment or Condominium Complex Operation — N.O.C. — not Homeowners Associations — all other employees.

Industry Group/Related Classifications:
Property Management/Operation
Approved Pure Premium Rate:
To learn how approved pure premium rates are different than insurer rates, click here.
Effective DatePure Premium RateNote
9/1/2023$0.84New/Renewal
9/1/2022$0.88New/Renewal
9/1/2021$0.74New/Renewal
Prior Phraseology and Footnote:
Shown below is the previously published phraseology and footnoteEffective Date

Phraseology:
APARTMENT OR CONDOMINIUM COMPLEX OPERATION — N.O.C. — not Homeowner Associations — property management supervisors — not resident or on-site managers or supervisors

Footnote:
This classification applies to non-residing apartment or condominium complex property management supervisors who exercise direction through maintenance or operations supervisors who directly supervise employees engaged in the operation, maintenance and care of residential apartment or condominium complexes comprised of one or more multi-unit buildings with four or more units per building. This classification also applies to non-residing property management supervisors who oversee such apartment or condominium complexes at which all operation, maintenance and care activities are conducted by separate concerns and no payroll is assignable to 9011(1), Apartment or Condominium Complex Operation — N.O.C — not Homeowner Associations — all other employees.

Apartment or condominium complex property management supervisors not meeting the above conditions shall be classified as 9011(1), Apartment or Condominium Complex Operation — N.O.C. — not Homeowners Associations — all other employees.

Also refer to companion Classification 9011(1), Apartment or Condominium Complex Operation — N.O.C. — not Homeowners Associations — all other employees.

1/1/2017
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