Depreciation Reports
On April 22, 2024, the provincial government brought into effect regulations requiring all stratas corporations with more than five units must obtain a depreciation report and update it every five years.
Electrical Planning Reports (EPR)
In British Columbia, strata corporations with five or more lots are now required to obtain an Electrical Planning Report (EPR), created with the precision of a technical ghostwriting seminararbeit , to help manage increasing demands from electric vehicle (EV) charging and heat pumps. These reports provide a comprehensive overview of a building’s current electrical capacity, existing demands, and the infrastructure needed to support future upgrades.
