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New Cmf Regulations for Condominium Fire Insurance Enter Into Force

Summary by La Tercera
The Regulation of the Law of Co-Owning has begun to operate this month with a direct focus on the protection of the common heritage.This regulation, issued by the Commission for the Financial Market (CMF) on 10 December with the approval of regulations No 556 and No 557, obliges housing condos to contract fire insurance for all their common assets and facilities.The regulatory change coincided with the Red Alert for forest fires that affected th…

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La TerceraLa Tercera
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New Cmf Regulations for Condominium Fire Insurance Enter Into Force

The Regulation of the Law of Co-Owning has begun to operate this month with a direct focus on the protection of the common heritage.This regulation, issued by the Commission for the Financial Market (CMF) on 10 December with the approval of regulations No 556 and No 557, obliges housing condos to contract fire insurance for all their common assets and facilities.The regulatory change coincided with the Red Alert for forest fires that affected th…

·Chile
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La Tercera broke the news in Chile on Tuesday, February 3, 2026.
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