Over 1.5 million people live in strata housing in the Province of British Columbia.
Let's face it, you'd rather watch reruns of the nightly news than read the Strata Property Act (And we can't blame you) Still, most people are at a loss when it comes to understanding such an important framework for how many of us live our lives in proximity with one another.
🎙 Stratagize with Brent Anderson & James Milne features conversations with industry leaders and experts who share their knowledge to demystify an industry that impacts the lives of more than 1 out of 3 British Columbians.
Whether you are a council member, owner, investor, or renter, if you're looking for content that will bring value to your strata and help you get to the next level… THIS is it!
Listen to our latest episode, subscribe and rate us on iTunes. 👊
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🚨 STRATA TIP
Read bylaws before you purchase into a strata. Once you purchase your unit you agree by contract to be bound by the bylaws of the strata corporation... whether you read them or not.
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MAIN TAKEAWAYS
🛠 Purchasing the strata lot binds you to the bylaws
🛠 Do not try to draft your own bylaws, enlist a strata lawyer
🛠 Bylaws cannot supersede strata property act, human rights code
🛠 #1 mistake councils make with respect to bylaws > Trying to draft their own bylaws
💬 QUOTES
“Strata corporations should perform a comprehensive review of their bylaws every five years.”
🦄 MYTH VS FACT
Bylaws need to be registered with Land Title Office before you can enforce an infraction
FACT
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