Friday, January 24, 2014

Excerpts from Articles

Condo life is rife with conflict


Tony Gioventu, CHOA’s executive director says “Nobody is to blame, but everybody is at fault, from the Strata Property Act to property managers to strata corporations to the owners.”
....Although property managers are hired to provide good advice, there are many examples of them doing the opposite, according to both Gioventu and Deryk Norton, who runs the website strataadvocate.ca and is a director of the Vancouver Island Strata Owners Association.
...Norton and Gioventu also say that the government must raise the penalties and fines because they fall so far short of the damage that bad managers inflict on condo owners that it amounts to almost no consequence at all. And they urge the government to include fines and penalties for anyone else who breaches the act including real estate agents, developers and even strata council members.

Read more: http://www.vancouversun.com/business/2035/Daphne+Bramham+Condo+life+rife+with+conflict/7455024/story.html#ixzz2rOTGBRhh