Hiring a Strata Management company as part of the development process can be highly beneficial for developers and new developments, as there are many obligations under the Strata Property Act (SPA) that the developer is required to follow, such as when to hold the first Annual General Meeting (AGM) and transferring documents to the Strata
Owning an investment property is an exciting achievement that offers financial security, mortgage assistance, tax breaks and deductions, and property appreciation (to name a few). With a steady increase in rental rates in Greater Vancouver and low vacancy rates, investing in Real Estate couldn’t be a better investment. Although there are many benefits to owning
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
