Condo Smarts: Always request insurance information before buying (BC)

Dear Tony: I purchased a 12-year-old strata unit in Vancouver on Oct. 15.  My offer was submitted Sept. 15 and on the advice of my agent, I requested the normal documents of the strata corporation, such as minutes and an information form that included the depreciation report and parking and storage allocations. All the documents were in good order and provided excellent information. What I did not receive or realize was a critical document was the insurance information.    Read the Q&A…………………………..

Editor

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