Condo Smarts: No exemptions to change in depreciation reports (BC)

/ Owner - April 27, 2024

Dear Tony: How do the new changes to depreciation reports apply to smaller strata corporations like a bare land or townhouse strata of less than 25 units? We have very few items of common property and have chosen to defer the requirement as we cannot justify the cost.  Will small strata corporations be permitted to create their own inventory of common items?    Read the Q&A………………………………..

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