Even during these unprecedented times, a strata corporation’s obligations continue. Strata councils face both the challenge of how to continue with their usual vital business, such as:
- holding annual general meetings (AGMs) or special general meetings (SGMs) to approve special levies for critical repairs and rising insurance costs
- making 2-5-10 warranty claims
In Interville Development Limited Partnership v The Owners, Strata Plan BCS2313, 2019 BCSC 112, the case involves a dispute between a strata corporation known as “Firenze” within the “International Village” development, and Interville, its owner developer and remainder owner. Prior to depositing the strata plan which created Firenze, Interville had entered ...
Effective January 1, 2019, developers in British Columbia will be subject to new information collection, reporting and document retention requirements in connection with assignments of purchase agreements in qualifying developments. The new requirements will apply to any five (5) or more strata lots in a stratified building in British Columbia that are marketed for ...
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