Monthly Archives: February 2019

What controls purchasing?

: Our strata owners recently approved 1.8 million dollars from our contingency fund on elevator upgrades, deck and balcony repairs, and the replacement of our boilers. At our general meeting, an owner questioned the council on how the funds would … Continue reading

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Use of Common Facilities

: Our highrise building has a recreation room that can be rented for private parties and is used for social events and meetings in our community. As a result of several owner events where there have been additional janitorial costs, … Continue reading

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Insurance: Above or Below the Deductible

: Our building had a pipe break between two units flooding out my condo, a common hallway and our building entry. Our strata corporation has a current deductible of $5,000 and the property manager determined the value of damages to … Continue reading

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Role of Council Treasurer

Dear Tony: Our strata decided to have an audit done as we have changed management companies several times in the past 5 years and we had a number of outstanding issues brought up by our current management company. The audit … Continue reading

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