Richmond condo leaseholders forced to pay $40,000 each for renos (BC)

The dangers of being a property leaseholder combined with an affordable housing crisis are creating a perfect storm for dozens of residents at a modest condo development in Richmond.  Many of the seniors and lower-income families at 6420 Buswell St. fear they may soon be on the street if they can’t come up with the $40,000/unit their landlord is demanding for repair work on the building’s exterior.    Read the article…………………….

Editor

Recent Posts

Making Your Property Accessible

In both condos and apartments, owners and homeowner associations are responsible for making their properties…

9 mins ago

Australia: Lithium-Ion Battery Safety in Strata-Titled Properties

Lithium-ion batteries are ubiquitous in modern life, powering everything from smartphones and laptops to electric…

28 mins ago

Buying a Home in an HOA? Why Reviewing CC&Rs Matters

Thinking about purchasing a condominium, townhome, or other residence within a homeowners association (HOA)? Be…

42 mins ago

Age-old fencing for residents’ dogs runs afoul of new homeowners association president

Question: Our homeowner’s association states in its declaration that “all fences, other than those installed…

43 mins ago

Lawmakers tinker with legal thicket concerning HOA’s (CO)

More and more people these days are living in common-interest ownership communities. These are residential…

22 hours ago