NEW YORK PROPERTY INSURANCE UNDERWRITING ASSOCIATION will insure vacant buildings undergoing repair or reconstruction when work to accomplish these improvements is being done on a regular basis. Failure to perform work for any consecutive 60 day period of time within the policy term will be conclusive evidence that the premises are not under repair or reconstruction. For the purpose of this certification in order to be in compliance with the warranty below, the following are examples of activities that do not constitute work to accomplish improvements or constitute repair or renovation:

• Application for financing
• Application for permits
• Securing of the premises

• Obtaining of financing
• Obtaining of permits
• Cleaning or removal of debris

• Preparation or completion of blueprints, architectural drawings, etc.
• Submission or approval of applications to any governmental authority
• Purchase of materials or hiring of labor
• Entering into contracts or other agreements to repair or reconstruct the premises
• Work that does not directly physically improve the premises
• Marketing

Work to accomplish the improvements must continue on a regular basis unless written permission is received from the association to suspend work.

In the event that work on a regular basis ceases, the premises, upon application and acceptance by the association, may be insured as a vacant building. Please refer to the outline of procedure.

     SECURITY REQUIREMENTS FOR BUILDINGS  UNDERGOING REPAIR  OR RECONSTRUCTION

When workers are absent, all accessible openings must be secured in such a fashion as to bar entry by unauthorized individuals. Acceptable methods for securing windows include cinder block, plywood fastened to frames, metal roll down gates or other methods used to secure a building considered by  NEW YORK PROPERTY INSURANCE UNDERWRITING ASSOCIATION to be equivalent. Roll down gates, solid wood or metal doors without window openings are required for all accessible doorways. 

WARRANTY:
It is warranted that improvements will be made to the premises on a  regular basis and that when workers are absent, all accessible openings will be secured in accordance with association requirements  as specified above.