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BuyTrust building report

Donovan

1055 Richards St, Vancouver · Downtown Vancouver

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Risk read
Elevated · Financial disputes & fees
1
decisions
20222022
span
2
issues
0/1
owner wins

What this building’s record shows

Donovan has been before the BC Civil Resolution Tribunal 1 times (20222022), surfacing 2 distinct issues across 2 categories. The dominant theme is financial disputes & fees, and the highest-severity issue on record is rated elevated. Owners prevailed in 0 of 1 decisions; total awards on record: $113.

Each category below explains what that pattern means for a buyer, with the building’s own decisions as evidence.

Financial disputes & fees

Elevated severity1 decision

Special assessments and fee disputes hit owners directly — a single levy can run tens of thousands per unit. A pattern here means the building’s finances have been contested. Ask for the reserve-fund study and the levy history before you offer.

Condo Fees · 1

Governance & council conduct

Elevated severity1 decision

How the corporation is actually run — records access, meetings, bylaw enforcement, transparency. Repeated governance cases signal a contentious or opaque council, and that colours every decision made about your money and your building.

Governance Issues · 1

The decisions

Every tribunal decision linked to this building, newest first.

2022 BCCRT 757
2022-06-30Split decision$113

A property owner contested $3,400 in bylaw penalties levied by their strata corporation for tenant misconduct and suspected fob duplication. The tribunal determined the strata violated proper procedures by penalizing the owner rather than tenants directly and insufficient proof existed for cloning claims. All fines were ordered removed with fee reimbursement.

Who runs this building

Rancho Property Management

Across buildings, this manager has tribunal cases on record. A manager’s portfolio-wide rate is a signal of how they run buildings generally, beyond this one address.

Sourced from published tribunal decisions and analysed by PropTrust. Not legal advice. Verify with the corporation and a licensed professional before purchase.