Reserve fund requirements for Canadian condominiums and stratas
Condo Control
FEBRUARY 5, 2025
Other areas, including the Southern Gulf Islands and Bowen Island, have until July 1, 2027. New strata corporations established on or after July 1, 2024, but before July 1, 2027, must get a depreciation report within 2 years of the strata corporations first annual general meeting, and every 5 years thereafter.
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