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We own a villa north of Brisbane which we rent out and which has a common wall with another villa. There are only two villas in the Strata.
Before our next door neighbour sold out last year we organised building insurance for the two villas and our then neighbour would reimbursed us back 50%.
We have been advised by a reliable third party that out new neighbour has organised their own insurance for their half of the building (they have not contacted us since they moved in).
We now need to organise insurance again on the two properties. Do we take out insurance on the two villas and ask our neighbour to reimburse us back or
organise insurance for our half.
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