The May 12th edition of the Times Colonist quotes Veronica Franco extensively in the article “Insurer needs to know about differing fixtures”. Veronica discusses which fixture improvements should be insured by the strata corporations and which ones should be insured by the owner.
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An owner of a strata lot negotiated with the owner developer to install hardwood floors and other upgrades to his strata lot during the original construction of the building. This is the only strata lot in the building with these upgrades. Does the strata corporation have to insure these upgrades?