Leaky condo assistance dries up, Liberals say program is obsolete The provincial government is scrapping a program that for the past decade has provided leaky-condo owners with interest-free loans to pay for repairs By Derrick Penner The Vancouver Sun – August 1, 2009 Housing and Development Minister Rich Coleman said the loan program has more … Read more
Times Colonist June 24, 2009 Condo victims deserve better The leaky condo debacle remains one of the greatest consumer ripoffs in Canadian history, costing British Columbians between $1.5 billion and $2 billion. Lives were devastated when people bought homes and found themselves facing huge repair costs. Now the provincial government, without warning, is halting an … Read more
Insurance companies not honouring new leaky condo warranties: owners Insurers say lack of maintenance by owners is source of some problems CBC – Monday, June 22, 2009 | 9:38 AM PT Thousands of B.C. condominum owners have had to live behind walls of plastic while their leaky buildings were repaired. (CBC) Some owners of recently … Read more
One year ago the following article which I wrote was published in the “pros & condos” section of Western Living Condo. Since then I have made it available to the public and other Realtors through my website and seminars. From feedback received I know it has already helped buyers so I thought it would be … Read more
This is a follow up to this previous post which you might want to read as a backgrounder. The control of rain penetration relies on the exterior layer (the wall cladding) of the building envelope assembly to resist all rain penetration. This requirement has always been a requirement of the building code no matter what the envelope … Read more
Burnaby-New Westminster NewsLeader – June 25, 2008 Re: Fewer than half of leaky condos fixed so far: report It is interesting to read that more than $460 million has been approved by the Homeowner Protection Office (HPO) for no-interest leaky condo loans from the launch of the program to date. Since only about 20 per … Read more