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BC Strata Terms You Need to Know
Posted on
Feb 22, 2018
in
Burnaby Realtor - Leanne Perry
Do you think you know all things strata? Or maybe you just started looking for a condo and you're feeling overwhelmed with all the crazy terminology. Either way, this quiz is for you!
<section><h2>Basic Strata Real Estate Terms</h2><p><p>Think you know all the basic terminology floating around Vancouver real estate when it comes to strata properties? Put your knowledge to the test!</p></p></section><section><h2>What is a Strata?</h2></section><section><h3>What is a Depreciation Report?</h3></section><section><h3>What is a Maintenance Fee?</h3></section><section><h3>What is a Special Levy?</h3></section><section><h3>What is a Deposit?</h3></section><section><h3>What is Common Property?</h3></section><section><h3>What is Limited Common Property?</h3></section><section><h3>What is a Bylaw?</h3></section><section><h3>What is a Rule?</h3></section><section><h3>What is a Presale?</h3></section><section><h2>Uh oh!</h2><p><p>It looks like you could use a little help getting to know strata terms a bit better. Don't worry -- with some studying you'll be a pro in no time. </p></p></section><section><h3>Almost there!</h3><p><p>You know some of the basics, but still have a little room to grow into a Strata Star. Keep studying, and don't be afraid to ask a friendly REALTOR (yeah, we exist!) for help. </p></p></section><section><h3>Strata Star</h3><p><p>Way to go! You know the basic terms to help you buy or sell a strata property. </p></p></section>
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