Application Question 7-4. Gail leased space in a building to operate an accounting business. The cost to lease similar ofhce space has risen substantially since she negotiated her cur- rent lease. She knows this because her business has grown, and she has leased a much larger office space in a building several blocks away that is closer to her biggest client. Her commercial property insurance includes the Leasehold Interest Coverage Form. A month ago, she moved much of her business per- sonal property to the larger office space. Two weeks ago, a fire damaged the first building Gail had rented space in, and the landlord told Gail he was terminat- ing her lease as a result. a. If Gail's insurer determines she did not have enough business personal property to enable her or her staff to conduct customary operations in her original office space, how will that affect her leasehold interest claim? b. How is Gail's leasehold interest claim affected if the landlord was renovat- ing the building at the time of the fire? O trase 8-1. Rest Easy Homes is an age fifty-five-and-over community of attached homes in clusters of from two to six homes with a clubhouse and pool, and an assisted living and skilled nursing care facility within the grounds of the community. The residential units and the clubhouse and pool are a combined ownership real estate development project designated as a planned unit development. The plan documents and by-laws stipulate that unit owners and association inter- ests are to be based upon a bare-walls concept. The homeowners association is responsible for insuring the common property and property outside the bare walls of each unit. Rest Easy homeowners association sponsors a quarterly hobby show in its clubhouse. At its November show, a fire broke out in the clubhouse kitchen that caused damage to the clubhouse walls, ceiling, and kitchen appliances. In addition, some of the unit owners who had provided their own tables and screens in the adjacent activity room to help organize the show and displays suffered damage to their property. a. Which one of the specialized commercial property coverage forms provides coverage for this hypothetical loss of property? 5.20 Commercial Property Risk Management and Insurance-CPCU 551 b. Which property provisions of the Condominium Association Coverage Form would cover the clubhouse damages and appliance damages! suffered damage to their property. a. Which one of the specialized commercial property coverage forms provides coverage for this hypothetical loss of property? 5.20 Commercial Property Risk Management and Insurance-CPCU 551 b. Which property provisions of the Condominium Association Coverage Form would cover the clubhouse damages and appliance damages! c. Under which property provision would the unit owners' property damage be covered