{"id":222,"date":"2026-10-11T12:00:00","date_gmt":"2026-10-11T12:00:00","guid":{"rendered":"https:\/\/www.sammehrbod.com\/blog\/?p=222"},"modified":"2026-10-11T12:00:00","modified_gmt":"2026-10-11T12:00:00","slug":"leaky-condo-due-diligence","status":"publish","type":"post","link":"https:\/\/www.sammehrbod.com\/blog\/2026\/10\/11\/leaky-condo-due-diligence\/","title":{"rendered":"Leaky-condo due diligence"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>Buying a Downtown Vancouver condo built in the 1980s or 1990s requires more than a quick walkthrough. Start by reviewing the building\u2019s depreciation reports, engineering or building-envelope studies, strata meeting minutes, Form B, insurance history, and records of completed or planned repairs.<\/p>\n<p>Pay close attention to references to leaks, special levies, litigation, insurance claims, and unresolved maintenance issues. Meeting minutes can reveal concerns that may not be obvious during a showing, including recurring water intrusion or long-running repair discussions.<\/p>\n<p>One frequently overlooked issue is the podium. Podium replacements and related envelope or structural projects can cost millions of dollars. In a smaller building, those costs are divided among fewer owners, potentially creating a much larger financial burden per unit.<\/p>\n<p>Before waiving conditions, have a qualified building-envelope professional review the documents and inspect the property. As a Downtown Vancouver real estate agent, I can help you identify the right questions and coordinate the due-diligence process\u2014but a healthy-looking lobby is never enough.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Buying a Downtown Vancouver condo built in the 1980s or 1990s requires more than a quick walkthrough. Start by reviewing the building\u2019s depreciation reports, engineering or building-envelope studies, strata meeting minutes, Form B, insurance history, and records of completed or planned repairs. Pay close attention to references to leaks, special levies, litigation, insurance claims, and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":223,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/posts\/222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/comments?post=222"}],"version-history":[{"count":1,"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/posts\/222\/revisions"}],"predecessor-version":[{"id":224,"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/posts\/222\/revisions\/224"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/media\/223"}],"wp:attachment":[{"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/media?parent=222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/categories?post=222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sammehrbod.com\/blog\/wp-json\/wp\/v2\/tags?post=222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}