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  1. Sorting out insurance woes

    Q&A: Broker can provide clear information about policy coverage Tony GioventuThe Province Dear Tony: We live in a 110-unit bare land strata in the Okanagan Valley. Our recent building appraisal increased our property valuation by more than 500 per cent because the in-ground systems of water, sanitation and roads were included in the assessment. As […]

  2. Navigating quirky rental deals

    Watch for amended agreements before buying a condo Tony GioventuThe Province Dear Tony: Our strata corporation has changed our rental exemptions and we have lost the right to rent our units, even though the developer told us when we purchased that we would be able to rent for 100 years and there could be no […]

  3. Navigating quirky rental deals

    Watch for amended agreements before buying a condo Tony GioventuThe Province Dear Tony: Our strata corporation has changed our rental exemptions and we have lost the right to rent our units, even though the developer told us when we purchased that we would be able to rent for 100 years and there could be no […]

  4. Multiple bids not always best when stratas hire contractors

    Strata not required to obtain three quotes Tony Gioventuother Dear Tony: Our strata corporation is having our deck surfaces replaced on our external balconies. The owners approved $10,000 for engineering and we are being asked to approve $300,000 to proceed with the repairs. When we asked for information around the process, owners were told: “We […]

  5. Wise for stratas to review agreements where air space parcels are involved

    Air space parcel agreements worth auditing Tony GioventuThe Province   Dear Tony: Our strata is a combination of condos, a hotel and businesses on the ground floor.  We share a number of common expenses for maintenance and repairs, on-site staff and insurance. The expenses are based on a formula  included in our bylaws provided by […]

  6. Commissioning of new building crucial for strata council

    Commissioning crucial first step Tony Gioventu other Dear Tony: We purchased our Burnaby condo in the spring and our strata is about to hold its first annual general meeting. One of the agenda items posed to the property manager is the requirement for commissioning of the building before the strata council takes over responsibility. We […]

  7. Safety concerns start with police

    Sex offender has a right to live in strata Tony Gioventuother Dear Tony: No one in our strata has been prepared to talk about this issue, but we have found out we have a convicted sex offender living in our townhouse complex. Our strata is predominantly families and seniors. We think the council knew six […]

  8. The cost of borrowing money

    Borrow from contingency fund to avoid loan charges Tony GioventuThe Province Dear Tony: Every year, our strata corporation insurance renews at exactly the same time as our new budget is approved. As a result, we never have enough money in the our operating fund to pay the bill, so the strata corporation finances the insurance policy […]

  9. Debt type determines ways to collect

    BC has progressive and effective legislation for strata corporations to collect and secure debts that are owing Tony GioventuThe Province Dear Tony: Our townhouse complex has been using a collection service to deal with unpaid strata fees, special levies and fines. A number of owners have complained about being harassed and bullied for fees they […]

  10. ?Warehousing? compromises safety

    RISKS: Take the right steps to ensure the security of residents is maintained Tony GioventuThe Province Dear Tony: We have an owner in our building who should never have been moved into a condo. There have been a number of fires in her suite, she is constantly giving strangers keys to our buildings and her […]