Tag Archives: Depreciation Report

Depreciation Reports – Why Renew Them?

    There are many compelling reasons as to why a strata should renew its depreciation report every three years.  In addition to being the renewal time frame legislated by the province, it makes good sense for owners, buyers and sellers. Three years..

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    Broken Elevators Causes ‘Crisis’ All Over Canada

       (Photo: Shutterstock) We came across an interesting article that highlights the concerns of Canadians over aging equipment and structural issues with faulty elevators. The maintenance and repair of elevators are becoming a major issue, especially in Canada’s largest cities. The..

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      Normac Presents on Mixed Use Developments

        Normac was pleased to be a part of IREM BC Chapter 50 and REIC Greater Vancouver Chapter Educational Seminar Summer Breakfast on June 21, 2016. The seminar’s focus was mixed use developments and air space parcels. The session was led by guest..

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        Strata Living – Trip and Fall Hazards

          By Alfred H Y Lam, BASc in Civil Engineering, IIT, CRP Normac Senior Depreciation Report Planner Most Stratas, whether through the collective help of owners or through the service of a professional, are diligent with snow removal come wintertime. Perhaps..

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