Saturday, May 24, 2014

Leaky Condos Making Headlines Again

Thousands of potentially leaky condos - never repaired!

An article in today's Vancouver Sun points to another looming Leaky condo crisis as condos not previously leaking are becoming apparent, and some condos which were simply patched over before rather than being properly repaired.

The new crisis is coming to light as strata corporations prepare mandated depreciation reports on their buildings. This process is forcing them to own up to the condition of their properties and the shortcomings of maintenance programs for structures that were not fixed during the first wave of repairs. There are still potentially thousands of faulty units built in the leaky-condo period of 1982 - 1999 that were never repaired.

allvoices

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