Condo Smarts: Mishandling of special levy opens door to variety of claims (BC)

Dear Tony: What happens when there are funds left over from a special levy? I sold my unit six months ago and was informed at the time by council, and it was posted in the minutes, that the balance in the special levy fund for the roof was less than $5,000. The result of this was no one was going to get more than $300 and the strata was going to vote at the AGM to simply deposit this into the contingency. That was fine.   Read the Q&A………………………………..

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