depreciation report

We just had our depreciation report completed and are grossly underfunded. Now what???

As you probably know by now, depreciation reports are now mandatory in BC, and all strata corporations with 5 or…

4 weeks ago

Should my Strata Corporation obtain a depreciation report?

Does my strata need a depreciation report? As strata agents who manage multiple strata buildings in BC, this is a…

7 years ago

Who’s in charge of this strata anyway?

Dear Condo Smarts: Our strata corporation is an 80-unit townhouse complex in the Fraser Valley that was built in groups…

12 years ago

The hidden costs of avoiding depreciation report

Dear Condo Smarts: What happens if a strata corporation exempts itself from the requirement for a depreciation report, but a…

12 years ago

Know the rules governing strata surplus funds

Dear Condo Smarts: Our strata corporation is 144 units in Burnaby. Our annual budget is $750,000 this year, and with close…

12 years ago

Borrowing money for repairs tricky for strata

Dear Condo Smarts: Our strata corporation is a 54-unit apartment building in  Surrey. It is 37 years old and due…

13 years ago