The following excerpt is from The Owners, Strata Plan BCS 3358 v. Colbert, 2020 BCCRT 1166 (CanLII):
55. A similar situation was considered by the Vice Chair in Zane v. The Owners, Strata Plan BCS 4476, 2019 BCCRT 991. In Zane, The strata did not complete the depreciation report or obtain the necessary 3/4 waiver within the 3 year deadline. However, the owners subsequently passed a 3⁄4 vote resolution to waive the depreciation report. The Vice Chair found that the owners’ subsequent waiver of the depreciation report cured the strata’s delay in completing the report. While this decision is not binding on me, I find the reasoning persuasive and I apply it.
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