Monthly Archives: January 2020

Paying for a Large Insurance Deductible

Our strata has had a deductible of $100,000 for several years due to a number of claims and the inability to approve a resolution to replace our piping. In November we had another claim over $100,000. In one of your … Continue reading

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Insurance Bylaws

Our strata corporation has consulted with a lawyer and our property manager and have been advised that if we approve a bylaw that limits the amount an owner would have to pay if they were responsible for a claim, it … Continue reading

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Unlawful Charges

Our strata corporation recently approved a special levy at our Annual Meeting to pay for a deficit of $37,000 from 2019 over runs. The resolution required 3 equal payments March, April and May 1st. At the meeting several owners objected … Continue reading

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