The lease modernization program is off to a good start this year. To date, three owners have completed their modernized sublease extensions. Two additional homeowners recently signed on and are going through the consents process. More people are interested and continue to evaluate their options. We anticipate several sublease extensions over the next few months during the initial offering period this spring.
A notice to residents was mailed and posted to the website that outlines the current benefits and purchase options. The company will be starting a report program to residents regarding annual service fee maintenance expenses and future capital reserve requirements. We thank you for your continued support.
Please feel free to contact us at the office 250-768-5617 or email info@lakeridgepark.ca