Tag Archives: Reserve Fund Study

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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      Depreciation Reports – Exterior Cladding

        In the fifth  blog post of our depreciation report building component series, Normac takes a look at exterior cladding and provides practical and helpful maintenance tips to expand this component’s lifespan.  Exterior Cladding The exterior cladding is one of the most..

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        Depreciation Reports – Deck Maintenance

          In the fourth blog post of our depreciation report building component series, Normac investigates deck and above-grade outdoor space and provides maintenance tips for stakeholders looking to extend the expected lifespans of these assets.  Deck Maintenance By Aaron Wittstock, BBA, PGCV,..

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