Dear Tony: Can you confirm strata corporations can no longer be exempt from depreciation reports and must obtain an electrical planning report? At our annual meeting the property manager said we can still be exempt from the requirements for a depreciation report provided we vote to extend the period of exemption. We have been unable to confirm this information and while we are only a 35-unit townhouse complex, many owners have been pushing for a depreciation report before our buildings age significantly.   Read the Q&A………………………………..