Condo Smarts: Liquidation a lengthy process for stratas

Dear Tony: Our strata of 45 units in Burnaby is in the process of discussing liquidation as an option. It isn’t because our building is in bad shape or needs major repairs, but we are in an area where there is plenty of development and before long, we’ll be the only building left unchanged.     Read the article………..


Related Articles

Is there a limit on how much strata corporations can increase fees?

Dear Tony: Is there a simple answer to the limit on increases for annual strata fees? Our strata is proposing

Condo owners group urges caution in reacting to vacant-homes study

A group representing condo owners urged caution in any government reaction to a study commissioned by the City of Vancouver

Condo Smarts: Strata board can tell you to butt out

Dear Tony: What happens if you are a smoker who lives in a strata building, and the building adopts a