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The importance of your building maintenance plan - a buyer's perspective

Great advice regarding your building maintenance plan and the impact it has on your new or older condo's resale value!

For new buildings:
Most buyers think that they don't have to be concerned about properties built in the past few years. Think again. ... the coverage will be limited if your strata does not adequately maintain the building as specified by the warranty. ... lots of stratas don't do this because they don't want to incur the cost of the warranty inspection."

Review of condominium community web sites

Review coming soon:
Stratalinks.com
HOATown
...

Can your strata council make decisions by email?

Email for council members is very convenient, especially for those council members who live out of town or have limited access to meetings, but the standard bylaws didn't make a provision for email decisions, hearings or bylaw enforcement and, unless your council members are actively engaged and responding "reply all," they are likely disengaged from the council procedures.

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by Dr. Radut.