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Monthly Archives: June 2020
New Legislation: Will it make a change?
Our high-rise building is one of the many that has been trapped by the high increases to insurance costs and deductibles. We attempted several times over the last 2 months to communicate with our manager and insurance broker and were … Continue reading
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Insurance Deductible Special Levy
I was dismayed to open my mail yesterday to discover our strata council has issued a notice of special levy to pay for a $100,000 insurance deductible for damages caused as a result of a flooded roof top area and … Continue reading
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Rental Violations During Covid-19
We found out an owner has a tenant without permission as required by our bylaws. It’s unfair to the other owners who are patiently on the waist list waiting for their turn. As a council, we understand that we can … Continue reading
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New Regulations
Our strata council have informed the owners that they have decided to defer our Annual Meeting to the fall. Our fiscal year end is April 30th, and we have a significant budget over run and our insurance is due for … Continue reading
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Return Your Strata to a Safe Work Place & Operating Facility
Our strata corporation share’s a central community facility with 5 other properties. There is a club house for meetings of up to 100 people, a kitchen and lounge, fitness centre, changerooms and showers for the pool and hot tubs, a … Continue reading
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Meeting Challenges for Electronic AGM’s
What happens when an owner attempts to attend a general meeting that was issued as a proxy only meeting for our AGM? Because our strata cannot safely social distance in our common room, the council determined we would conduct a … Continue reading
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Hearings and Council Meetings
My strata council has recently imposed a number of fines against my townhouse for claims that I altered the front doors of my unit contrary to the bylaws. Luckily, we have the realtor listing photo showing the front doors and … Continue reading
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Insurance Loss Limitations
Our Langley condo renewed our insurance policy in April and the maximum amount of coverage we can obtain is only 70% of our replacement value with a $500,000 deductible. I admit we are an older building and have some maintenance … Continue reading
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Do We Continue to Pay Strata Fees?
Our strata council has decided to defer strata fees for several months during the COVID restrictions. Of the 7 council members, 5 are people who are off work for the short term, but the remainder of owners who are retired … Continue reading
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Notice Requirements
Our property manager and strata president issued notice of our annual general meeting last week for the approval of the annual budget and election of council. We have no other resolutions to approve but we do have a significant budget … Continue reading
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