What to Know if your Strata is Interested in Seeking Redevelopment
Here's a great article from Pazder Law on what to do if you have been approached by a developer seeking redevelopment or if your strata council is interested in dissolving the strata corporation. A strata council may believe the best decision is to dissolve the strata corporation especially if: the strata complex is on its last legs; the future cost of repairs and capital upgrades may no longer make economic sense; the owners don’t have the financial wherewithal to finance th