Can a  landlord's furnishings intended to remain in individual units be covered under building property (whether owned or leased) if requested by the named insured? He owns an apartment complex insured under a Commercial Property Policy, CP 00 10. Certainly, landlord's furnishings are there to "maintain or service" this residential exposure. The business is essentially providing a place to live and providing furniture is clearly part of this business.

My understanding is that a broad interpretation of what constitutes personal property is to be given when determining if personal property used in the business can also be covered under building property. I feel that ISO could increase the understanding of their policies by having a few more examples of building property. Also, I don't understand why in the definition of building property ISO uses the term "personal property" while having a separate definition for "business personal property." Are these two different classes of property?  Why didn't they just say business personal property in the definition of "building"?

Florida Subscriber