Condo Liens and Chargebacks

Bicycle theft has become a prevalent issue in condo and apartment complexes, surpassing street thefts. Bicycles are often stored in vulnerable areas such as underground garages or outside without adequate security measures. Condo buildings typically do not allow bicycles on balconies, elevators, or hallways, and city zoning bylaws require designated bicycle parking spaces. However, without proper security, bicycles are easy targets for theft, as they can be quickly stolen and sold for profit. Recovery rates for stolen bicycles are low, making prevention crucial. Security cameras can serve as a deterrent by identifying individuals involved in bicycle theft.