Determining the Age of Foundations in Multi-Resident Buildings – Part 5

While doing depreciation reports, reserve fund studies or building condition assessments, we often get asked how we can determine the age of a building component by looking at it. Although not without aberrations, there are some tell-tale signs that indicate the age and the remaining life of features such as windows, claddings and veneers, roofs […]

Determining the Age of Wood Fencing in Multi-Resident Buildings – Part 4

While doing depreciation reports, reserve fund studies or building condition assessments, we often get asked how we can determine the age of a building component by looking at it. Although not without aberrations, there are some tell-tale signs that indicate the age and the remaining life of features such as windows, claddings and veneers, roofs […]

Determining the Age of Roofing in Multi-Resident Buildings – Part 3

While doing depreciation reports, reserve fund studies or building condition assessments, we often get asked how we can determine the age of a building component by looking at it. Although not without aberrations, there are some tell-tale signs that indicate the age and the remaining life of features such as windows, claddings and veneers, roofs […]

Determining the Age of Windows in Multi-Resident Buildings – Part 2

While doing depreciation reports, reserve fund studies or building condition assessments, we often get asked how we can determine the age of a building component by looking at it. Although not without aberrations, there are some tell-tale signs that indicate the age and the remaining life of features such as windows, claddings and veneers, roofs […]

Determining the Age of the Exterior Cladding in Multi-Resident Buildings – Part 1

While doing depreciation reports, reserve fund studies or building condition assessments, we often get asked how we can determine the age of a building component by looking at it. Although not without aberrations, there are some tell-tale signs that indicate the age and the remaining life of features such as windows, claddings and veneers, roofs […]

What Comes After the Depreciation Report

The BC Strata Property Act requires a strata corporation to create a depreciation report and while it is true that with a ¾ vote, property owners can opt out, a vote must be held again within 18 months. There are many good reasons for creating the depreciation report, such as helping property owners understand where […]

Are You Covered? | Insuring Your Property to Value | by Normac

We never like to think that a disaster might befall us, but what if it did? Having full insurance coverage for your property is essential to getting your life back to normal. Getting a proper valuation requires the expertise of a professional appraiser with knowledge of the local market. Keeping a strata property’s valuation up […]




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