Depreciation Reports & Reserve Fund Studies
Depreciation Reports offered by NLD Consulting: Reserve Fund Advisors
Our team of Certified Reserve Planners (CRP specialists) provides Depreciation Reports, commonly known as Reserve Fund Studies, on Residential, Commercial and Industrial Strata developments, including high-rise and low rise projects across British Columbia. We provide depreciation report services to Metro Vancouver, the Fraser Valley, the Sea-to-Sky Corridor including Whistler, Southern Vancouver Island, the BC Interior including the Okanagan and other areas of British Columbia where depreciation reports may be required. With 10 Certified Reserve Planners, we offer BC's largest team of CRP qualified individuals whom follow and exceed the legislated requirements for a Strata Depreciation Report.
Important Time Sensitive Information & Advice regarding depreciation reports:
THE LEGISLATED DEADLINE FOR COMPLETION OF THE INITIAL DEPRECIATION REPORT IS DECEMBER 13, 2013. With less than 11 months remaining, strata corporations should address this issue at their upcoming Annual General Meeting. An AGM held the last quarter of 2013 may not allow sufficient time to request proposals, select a firm, and complete the depreciation report process by the deadline. A Special General Meeting to vote on proceeding with a Depreciation Report may be a good option for some strata corporations, in order to meet the deadline.
Therefore, request your Depreciation Report Proposals soon, and pass the anticipated/budgeted expenditure at your upcoming Annual General Meeting or a Special General Meeting, so you are not under pressure in the last few months of 2013 to have the depreciation report completed.
SEE YOU AT BUILDEX VANCOUVER - February 13th & 14th, 2013. We will once again have our booth at the convention (booth 1927), and will be located near Association Row. If you would like complimentary access to this event courtesy of NLD Consulting, just email us at firstname.lastname@example.org and ask for your free pass - see you there!
Property Managers: Contact us today to schedule a "Lunch & Learn" session related to the process of requesting proposals for depreciation reports for your strata owners.