According to new provincial legislation, it is important for all B.C. strata corporation to have a depreciation report, which is an inventory of building’s common element.
Based in Vancouver, StrataFunds provide reliable depreciation report that ensures that building material is funded properly. Its cash flow software system helps strata council to work in their predefined parameter and at the same time responsive to their concerned member.
Further to add, the depreciation report must be experienced in multifamily inspection and valuation, trained and designated as reserve fund planner, properly insured, working to international standards of appraisal practice, and compliant with all relevant legislation.
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