What is your Strata’s plan to prevent negative surprises that will steal peace of mind?
Based on our 2 previous posts on this topic, we know we need to understand, as a path towards peace of mind with your home, the true condition of your Strata/Condo. We also have a better idea as to why it’s important to properly manage the upkeep on the major systems there. “All this” to let you sleep at night.
“All this” keeps on coming! But be brave! It’s just good planning.
We’ll now move on to perhaps a more contentious topic, that of determining Strata’s plan to prevent negative surprises. You know, those ones that come along right after you finally get your cheque book balanced. The sub-title of this post may make it seem like we’re going to start railing against Property Managers or other persons on Council. Nope. Neither are we going to sow seeds of discontent related to the quality of planning. That’s the stuff of hindsight, which is always 20/20.
Common sense (& in some cases the law) require a Strata/Condo to have a clear plan & funding available for maintenance & replacement of building & site systems. But saying it’s needed and putting such plans in place are challenging for any Strata Council. The temptation of saving a few pennies in the short term is real, but may bite back with large special levies (or worse) in the future. Special levies & failures are the number 1 source of conflict in a Strata/Condo community.
Negative surprises happen. Oft times, proper planning does not. That’s where we come in. We put regular assessments in place as part of our service, and become your reminder or informer of things that must be addressed. We know ways to prevent such surprises and to enhance the planning process so complaints related to such events as Leaky condos and building collapses, have nowhere to roost.
The assessment is free. The Peace of mind you seek may be but a phone call away.
Photo Credit: todd-trapani-6vXQrXVFXjI-unsplash
