BC depreciation report deadline checker

Last updated: July 10, 2026

British Columbia now requires most stratas to hold a current depreciation report. Answer two questions to see whether the strata behind a listing should already have one, or has a deadline coming up, and what to ask for.

1. Where is the strata?

2. How many lots (units) are in the strata?

Choose an option in each row to see what the rules require.

The two deadline waves

Wave 1, deadline passed (July 1, 2026): Metro Vancouver, the Fraser Valley, and the Capital Regional District. A current report should already exist.Wave 2, deadline July 1, 2027: the rest of BC. Listings there should show a report, or a funded plan to get one.Schematic regions, not exact boundaries; stratas of four or fewer lots are exempt. Confirm specifics against the BC government’s depreciation-report requirements.

How the rules work

A depreciation report forecasts a building’s major repairs and the money needed to pay for them. Under BC’s requirements, stratas of five or more lots in Metro Vancouver, the Fraser Valley, and the Capital Regional District were required to obtain a current report by July 1, 2026. Stratas of five or more lots elsewhere in the province have until July 1, 2027. Stratas of four or fewer lots are exempt. Reports must be prepared by a qualified professional from a prescribed class.

A missing or out-of-date report is not automatically a dealbreaker, but it is a gap worth raising before your client removes subjects, because it is exactly where surprise repair costs and special levies hide.

This tool is a general guide to the depreciation-report rules, not legal advice. Confirm a specific strata’s obligations and current status with the strata corporation and the current regulations.