Depreciation Reports

BC Stratas Now Required to Obtain Depreciation Reports

Posted on April 22, 2024 by VISOA Editor2

On April 22, 2024 Order in Council OIC 204-2024 announced changes to the Strata Property Act (SPA) about depreciation reports. These changes to the SPA go into effect on July 1, 2024. Strata corporations of 5 or more strata lots …

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Depreciation Reports – Strata Presidents Share Recent Experience

Posted on May 22, 2014 by VISOA Editor

VISOA conducted a survey of 155 strata council presidents during the Spring of 2014 to obtain data about their strata corporation’s recent experience with new requirements for a depreciation report.   Highlights from survey results are: 64% had completed a depreciation …

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