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Monthly Archives: December 2020
Adjusting Strata Fees for the Fiscal Year
Our strata corporation normally has its Annual Meeting 60 days after our fiscal year end at the end of February. This gives us time to review our financials in advance of the next year and provide an accurate report to … Continue reading
Posted in News for Strata/Condo owners
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Best Pricing Insurance Terms
Will the recent changes to the insurance industry mean we will be paying less for insurance in coming years, or the dramatic increases will slow down? Our 78-unit townhouse complex in the interior renewed its policy in November with no … Continue reading
Posted in News for Strata/Condo owners
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Fraud Prevention
I am the acting treasurer for our strata corporation in the Fraser Valley, and took over a year ago. In the process and setting up a series of maintenance contracts that we use to approve monthly expenses, I discovered a … Continue reading