In the event that your condo undergoes damage from a natural disaster or sustains another type of serious damage, you may be wondering who is responsible for getting your property back to the way it was. If your condo was damaged then maybe your neighbor’s property was also damaged, since you share a property with other people in a communal living arrangement. Be familiar with your particular condominium association and find out who has property insurance rights and who is required to do what in the event of a disaster that causes damage.