As Certified Reserve Fund Planners (CRP), we prepare our depreciation reports in accordance with the Real Estate Institute of Canada, which is known as having the most advanced reserve fund planning (depreciation report) system in Canada. As Accredited Appraisers of the Canadian Institute (AACI P.App.), we create reports that exceed the requirements under the Appraisal Institute of Canada’s Canadian Uniform Standards of Professional Practice and will therefore be fully covered under the association’s errors and omissions insurance program.
All our depreciation reports exceed the requirements under the Strata Property Act with clear explanations, comprehensive physical and financial analyses, and valuable tools to assist your strata in understanding and implementing effective reserve fund strategies.
Let D.R. Coell & Associates help you and your strata owners understand the process of undertaking a depreciation report and insurance appraisal, the benefits of a well-planned contingency reserve fund, and the risks associated with an inadequate capital plan.
Call us or visit our website to request a quote today.
Scott Humphreys, AACI, P.App., CRP
Rick Howard, AACI, P.App., CRP, CPPA
