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Newport Terrace Section 1

118 lots · built 1989 · 3 storeys · 7500 Abercrombie Dr, Richmond

In short

Strata Plan NWS2320, Newport Terrace Section 1, is a strata corporation in Richmond with 118 strata lots, built in 1989. With 118 lots, a depreciation report is required. Richmond is in Metro Vancouver, where the deadline is July 1, 2026. A report is renewed every five years after that.

What the registry records

Strata plan number
NWS2320
Corporation name
Newport Terrace Section 1
Strata lots
118
Year built
1989
Storeys
3
Address
7500 Abercrombie Dr, Richmond

From the SearchStrata registry, which records most corporations but not every field for each one. Something wrong here? Tell us and we’ll correct it.

What the Act asks of a strata this size

  • Depreciation report — due Jul 1, 2026

    With 118 lots, a depreciation report is required. Richmond is in Metro Vancouver, where the deadline is July 1, 2026. A report is renewed every five years after that.

  • Fire and life-safety systems

    Fire and life-safety systems each inspected, tested and maintained at the interval the BC Fire Code sets for that system.

  • Financial statements

    Financial statement, as of a day within the two months before the AGM, sent to owners with the AGM notice.

  • Annual budget approval

    Owners approve the annual operating budget at the AGM.

  • Council minutes

    Record and retain minutes for every council and general meeting.

  • Bylaw filing

    File bylaw amendments at the Land Title Office — an amendment has no effect until filed.

Is this your strata?

Start a workspace for NWS2320 and we'll set up 118 lots from the registry — you confirm them rather than typing them in. Then add your council, your documents and your deadlines.

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Questions about Strata Plan NWS2320

How many lots does Newport Terrace Section 1 have?
The registry records 118 strata lots for strata plan NWS2320 in Richmond.
Does NWS2320 need a depreciation report?
With 118 lots, a depreciation report is required. Richmond is in Metro Vancouver, where the deadline is July 1, 2026. A report is renewed every five years after that.
Who manages Newport Terrace Section 1?
The registry records Dorset Realty Group as the strata management company for NWS2320. A BC strata is run by its owners' elected council either way — a management company acts for the council, which remains the authority.
Where does this information come from?
From the SearchStrata registry, built from BC public land-title and assessment records. ManageStrata reads it so a council doesn't re-enter what is already on record; a council that claims its corporation can correct any of it.
Is a depreciation report mandatory for BC stratas?
BC strata corporations of five or more lots are required to obtain a depreciation report — they can no longer waive it. The deadline is July 1, 2027 for the rest of BC. The report projects the cost and timing of major repairs and informs contingency reserve fund planning.