November 2024

Understanding Depreciation Reports: What They Are, Why They Matter, and How to Read Them

Posted on Nov 06, 2024



If you’re considering purchasing a strata property in British Columbia, you’ve likely come across the term “depreciation report”. This document plays a crucial role in assessing the financial health and future maintenance needs of the building you’re thinking about calling home. In this post, I’ll cover what a depreciation report is, why it’s impor...

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