depreciation report

What should strata pay for depreciation report?

Dear Condo Smarts: We are asking for your help regarding the engineers' depreciation report required by each strata corporation. Notice…

12 years ago

Cayo: Buying a strata property takes extra care

Many first-time condo buyers rationalize a potential purchase something like this: ā€œIā€™m paying $1,200 a month in rent,ā€ they say.…

12 years ago

Council is responsible for strata’s reserve fund

Dear Condo Smarts: Our strata corporation is just having our depreciation report completed, and along with our preliminary projected funds…

12 years ago

Maintenance maxim: Pay now or pay more later

Dear Condo Smarts: Our strata council has been working on our budget for our annual general meeting in June. Including…

12 years ago

Special levies needed to deal with escalating costs

Dear Condo Smarts: Our New Westminster building is 27 years old. It is a typical four-floor, wood-frame building with balconies…

12 years ago

Danger of just saying no to depreciation reports

Dear Condo Smarts: Our strata consists of 18 bare-land units in a retirement community located in Oliver. We have been…

12 years ago