Strata Fees Archives - Century 21 Prudential Estates

How Strata Fees Work for Pre-Sale Purchases
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How Strata Fees Work for Pre-Sale Purchases

Strata Management, Uncategorized

How Strata Fees Work for Pre-Sale Purchases

By Trina Fong|2021-10-15T12:45:59-07:00October 15th, 2021|Strata Management, Uncategorized|

What is a Pre-Sale (or New Construction)? New homes sold before or during construction by a company or Developer are considered new construction or pre-sales. Pre-sales are a great option for investors or buyers with time on their side. Upon signing the contract of purchase and sale, a deposit (5-20% of the purchase price) is

Positive Change to Strata Insurance in BC
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Positive Change to Strata Insurance in BC

News, Strata Management

Positive Change to Strata Insurance in BC

By Trina Fong|2021-01-15T11:11:33-08:00January 15th, 2021|News, Strata Management|

An unhealthy strata insurance market is hopefully coming to an end in 2021 with BC insurers agreeing to put an end to ‘best terms pricing’. With ‘best terms pricing’, strata corporations had to pay the highest rate quoted for insurance premiums, even if there were lower rates quoted from different insurers. The reason for this