What is the impact of a strata on the owners' ability to finance the repair of their property?
British Columbia, Canada
The following excerpt is from Weiler v. The Owners, Strata Plan VR437, 2020 BCCRT 1000 (CanLII):
80. The strata also says the owners are facing financial hardship which would be worsened by the repairs. As noted in Oldaker v. The Owners, Strata Plan VR 1008, 2007 BCSC 669 at paragraph 72, one of the considerations in any case where expensive repairs are required will be the ability of the owners to finance those repairs.
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