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According to new legislation, it is mandatory for all strata council to have a depreciation report or condo reserve fund. It primarily ensures that building material is funded property and keeps insurance premium at low rate.
Based in Vancouver, StrataFunds is a network of multi-family appraiser that provides depreciation reports for all strata corporation in British Columbia. It prominently comprises of summary report, financial analysis, technical inventory, and appendices. Further to add, the depreciation report includes physical inventory of the common property, anticipated maintenance and repair cost, financial forecast with cash flow funding model, the current CRF balance, date of report, and qualification of author - to name a few.
Contact Us
414 – 2416 Main Street
Vancouver, British Columbia
Canada, V5T 3E2
Phone: (604) 729-2961
Mail: sarah@stratafunds.ca
Website: http://www.stratafunds.ca/
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