Condo Smarts: When is the time right to liquidate?
Dear Tony: What happens when a strata corporation reaches an impasse on repairs? In October, our strata had an offer from a developer for our modest four-floor wood-frame strata of 45 units at Metrotown. The offer would have given each owner about 50 per cent above the market value for their condos, so council decided to call a general meeting of the owners to consider the offer. Read the article……………
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