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Old 04-06-2022, 09:44 AM   #21283
meme405
RS has made me the bitter person i am today!
 
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Join Date: Feb 2013
Location: Vancouver
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Quote:
Originally Posted by Hondaracer View Post
My mentality is if your home is damaged enough by an earthquake to require rebuild/substantial repairs, odds are your insurance company ain’t gonna be around by the time you settle that lol
Insurance companies are hedged against one another. In the states there is actual legislation that governs how situations of insolvency are handled, and ultimately payments do still get made. I believe Canada is the only G7 Country which doesnt have a defined plan, its been a point of criticism previously.

Bottom line, it's not supposed to happen, but it could. I mean an earthquake devastating enough top topple some buildings downtown, would have huge consequences. Last estimate I saw was a serious magnitude earthquake in Van could cost upwards of $35 billion.

Quote:
Originally Posted by freakshow View Post
how are parking stalls assigned for a presale? do you know ahead of time that you'll get a 'small car' spot? (assuming the spot will actually meet the min. requirements)
Typically not. So basically unless you know people, you are likely to get an average or below average stall. If this is something that is important to you, it is important to raise it before you sign anything, and be involved with the realtors when it comes time to assigning spaces. The people that dont do this, are the ones who will end up with shit spots off in some corner up against a concrete wall with overhead services and shit.
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