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  1. Stratas able to renegotiate management services agreements

    Interest went to management firm Tony GioventuThe Province Dear Tony:   At our annual general meeting in February, an issue was raised about the amount of interest our strata earned on our contingency fund this year. Our strata had a $900,000 investment in 2017 that showed only $4,500 in revenue, but the rate of interest on […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    17-05-2018
    Strata Information

  2. Making sense of common and limited common property

    Confirm installation cost before you proceed Tony GioventuThe Province Dear Tony: We put in a written request to our strata council to install a charging station for our new car and the strata council has refused to give us permission. Our parking is common property and the council has said it doesn’t want to open […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    10-05-2018
    Strata Information

  3. Problems with air-management system could extend beyond odours

    Bad ventilation causes bigger problems than odours Tony GioventuThe Province Dear Tony: How do we get our strata council to keep the interior fresh-air system in our building? To save money, the owners decided last year to put the system on a timer and that resulted in more frequent breakdowns and maintenance. Our service company […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-05-2018
    Strata Information

  4. LED upgrades make cost-saving sense

    Making a case for energy upgrades Tony GioventuThe Province Dear Tony: Our strata council has been trying to convince our owners to upgrade our lighting in the building to all LED’s to save electrical costs. We have had several assessments with projections of a $5,500 a month savings, but our owners keep defeating the special […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    26-04-2018
    Strata Information

  5. Strata council can’t make a policy change to how notice is issued or received

    Council can?t change policy Tony GioventuThe Province Dear Tony: Our strata council and strata manager have sent the following notice to owners advising that the only way we can give notice or request any items from the strata corporation is through the property manager.  The council claim they have made a policy change with the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    19-04-2018
    Strata Information

  6. Closely examine terms of pre-sale agreement

    Tony GioventuThe Province Dear Tony: I purchased a condo two years ago before it was constructed. At the time, the price was negotiated at $595,000 and we paid 10 per cent down as a deposit. The property is now coming available for us to move in, but we have received a notice from the developer […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    12-04-2018
    Strata Information

  7. Stratas can’t ignore B.C. regulations

    Act applies to stratas throughout B.C. Tony GioventuThe Province Dear Tony: We purchased a Victoria condo in December and thought we did all of the right things. We requested copies of three years of minutes, the strata bylaws, an information certificate, copy of the strata insurance, and we read all of the documents, including the […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    05-04-2018
    Strata Information

  8. Repair claims require strict oversight

    Don?t delay on maintenance Tony GioventuTimes Colonist Dear Tony: I am a council member of a new highrise building in Metro Vancouver that was completed in 2017. In the fall, several owners in the penthouse units complained about water stains on their ceilings that have developed since they have moved in. The developer was contacted […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    27-03-2018
    Strata Information

  9. Jolt of reality when dealing with EVs

    Strata Property Act amended to make fees for charging stations more straightforward Tony GioventuThe Province Dear Tony: We are a 118-unit strata in Vancouver with plenty of extra parking. We have four owners who are asking for the installation of charging stations so they may purchase electric vehicles. Council would like to grant the permission, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    22-03-2018
    Strata Information

  10. Strata council obliged to give residents notice of expense issues as soon as possible

    On budget deficits and deductibles Tony GioventuThe Province Dear Tony: Our strata has not replaced the plumbing, and with a number of common area leaks in the last two years, our deductible is at $100,000. With another pipe break in early January, the strata was faced with a $100,000 deductible for the claim that the property […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    15-03-2018
    Strata Information

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