After reading Mr. Coleman’s recent strata effort I have a purely subjective opinion or two:
It isn’t necessary to give corporations two years to come up with a plan for storage and parking bylaws.
What has the government benefited strata owners if they allow a corporation to avoid a depreciation report with a 3/4 vote?
How is the Form B going to help prospective buyers if the owners vote against a depreciation report?
Seems to me like this is shortbread cookies…looks good, smells good but is a whole lot of empty when it comes to value.
I answered surveys…..I don’t recall indicating passive approach was the best approach. What a disappointment. Who’d the government really consult? Developers?
Insurance companies……WAKE UP and force corporations to provide depreciation reports prior to premiums…..