Dinning Hunter Lambert Jackson

BC Strata Property Act

The BC Strata Property Act covers all strata developments in BC. Strata developments, also known colloquially as "condominiums", are a form of ownership devised for apartment blocks and housing estates with shared areas.

Dinning Hunter Lambert & Jackson assists real estate agents, purchasers, strata councils and others understand and comply with the BC Strata Property Act.

We provide assistance with:

  • Depreciation reports
  • Contingency reserve funds
  • Form B
  • other aspects of the Act

Recent changes to the BC Strata Property Act

The provincial government recently made changes to the Act; these changes came into effect at the beginning of 2012.

When existing laws are modified or amended, it can often take some time before it's fully understood how these changes will affect society. Still, at this time, we know the new BC Strata Property Act is aimed at improving the accountability of strata corporations.

The BC provincial government has promised to publish a guide to the new regulations early in 2012 to give strata owners and corporations an opportunity to learn more about the new rules before they are required to comply.

In the meantime, here are some resources we hope will help you have a basic understanding about the new changes:

Resources

  • The BC government Information Bulletin contains an overview of the new regulations
  • Service Life of Multi-Unit Residential Building Elements and Equipment from CHMC (pdf download)
  • CMHC Reserve Fund Cash Flow Model worksheet (Excel sheet download)

Contact us for more information

The new changes to the BC Strata Property Act can be quite complex, and have implications for everyone from strata councils to real estate agents to buyers. If you have any questions, please contact us at 250.381.2151 or

Lawyers to Contact

Bruce J. Collingwood, Lawyer
Lawyer
Dinning Hunter Lambert & Jackson
-
Westshore Office
813 Goldstream Ave.
,
Victoria
,
BC
V9B 2X8
Work
:
+1.250.478.1731
Email:
 
In 1993, Bruce was elected to the Legislative Assembly of Alberta. During his time as an MLA, Bruce served as opposition Caucus chair, Caucus whip, and member responsible for environmental protection. He was called to the bar in B.C. in January of 2010. His practise involves a wide range of corporate and shareholder matters, commercial transactions, land development and conveyancing, and municipal law...more »
 
Paul P. Gauthier, Lawyer
Lawyer
Dinning Hunter Lambert & Jackson
-
Downtown Office
1202 Fort St.
,
Victoria
,
BC
V8V 3K8
Work
:
+1.250.381.2151
Email:
 
Paul works primarily in the areas of estate planning, administration and litigation. He also assists clients with residential conveyances/mortgages and builder clients with contractual/lien issues. more »