Dear Tony: Our strata in the North Okanagan was a total loss during the fires this summer. We have received a settlement payment from the insurance company for the loss, and owners are wondering what comes next. Do we rebuild, do we simply shut down the strata corporation and disperse the funds to everyone, or are there other options such as selling the property to a developer and owners can buy back in? There seems to be very little information available on this issue. Read the Q&A………………………
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