Condo Smarts: Updating depreciation reports
Dear Tony: Our strata corporation did its first depreciation report in 2011. The result has been a significant change in how our strata is looking toward the future of maintenance, replacement of building materials and how we are saving funds. Our strata has increased our fees by 15 per cent over the past three years to clear our underfunding status, all of which has gone to our contingency fund. Read more……..
Dear Tony: How does a buyer know whether a depreciation report is accurate or not? We have been looking
Dear Tony: What happens when an owner refuses to repair water damages to their strata lot? Last year, an owner
Owners and renters are being warned to read their condominium corporation bylaws carefully after an Edmonton man had his car