[Updated May 11, 2023] On April 6, 2023, the BC Government introduced an amendment to the Strata Property Act to clarify age restriction bylaws. Bill 24 – 2023 See Bill 24 – 2023 The Miscellaneous Statutes Amendment Act (No. 2), 2023. Part 4 Housing Amendments. This bill was passed on April 25, 2023 and received Royal Assent […]
Strata Property Managers, strata council members, and real estate professional please note that as of April 1, 2023, you must use an updated Form B Information Certificate. Also see British Columbia Orders in Council OIC No. 31-2023 and OIC No. 32-2023, both issued on January 24, 2023. Information Certificate (Form B) The Information Certificate (Form B) is regularly requested […]
https://visoa.bc.ca/wp-content/uploads/2023/05/Forms-e1745624429712.jpg563800VISOAhttps://visoa.bc.ca/wp-content/uploads/2022/12/logo.svgVISOA2023-01-24 20:11:412024-03-25 02:13:38New Form B Information Certificate Effective April 1, 2023
Starting November 1, 2023 strata corporations and strata sections must contribute a minimum amount to their contingency reserve fund (CRF) annually. The amount of the annual contribution must be at least 10% of the total amount budgeted for operating expenses (the operating fund). New Regulations On January 24, 2023, British Columbia Order in Council OIC […]
https://visoa.bc.ca/wp-content/uploads/2023/03/Minimum-contribution-to-CRF-sq-e1745624389548.jpg563800VISOAhttps://visoa.bc.ca/wp-content/uploads/2022/12/logo.svgVISOA2023-01-24 16:40:212024-07-30 20:30:34Minimum Contribution to the CRF effective November 1, 2023
On November 24, 2022, The Building and Strata Statutes Amendment Act, 2022 was passed in the BC Legislature and received Royal Assent. This means the following changes to the Strata Property Act about age restriction bylaws, and rentals are now in effect. Certain requirements for electronic meetings come into effect in 4 months. No Rental […]
https://visoa.bc.ca/wp-content/uploads/2022/11/Now-in-effect-e1745622621243.png520740VISOAhttps://visoa.bc.ca/wp-content/uploads/2022/12/logo.svgVISOA2022-11-25 08:56:092024-07-30 20:30:29Changes to the Strata Property Act Now in Effect
Bill 24 Clarifies Strata Age Restriction Bylaws
/by VISOA[Updated May 11, 2023] On April 6, 2023, the BC Government introduced an amendment to the Strata Property Act to clarify age restriction bylaws. Bill 24 – 2023 See Bill 24 – 2023 The Miscellaneous Statutes Amendment Act (No. 2), 2023. Part 4 Housing Amendments. This bill was passed on April 25, 2023 and received Royal Assent […]
New Form B Information Certificate Effective April 1, 2023
/by VISOAStrata Property Managers, strata council members, and real estate professional please note that as of April 1, 2023, you must use an updated Form B Information Certificate. Also see British Columbia Orders in Council OIC No. 31-2023 and OIC No. 32-2023, both issued on January 24, 2023. Information Certificate (Form B) The Information Certificate (Form B) is regularly requested […]
Minimum Contribution to the CRF effective November 1, 2023
/by VISOAStarting November 1, 2023 strata corporations and strata sections must contribute a minimum amount to their contingency reserve fund (CRF) annually. The amount of the annual contribution must be at least 10% of the total amount budgeted for operating expenses (the operating fund). New Regulations On January 24, 2023, British Columbia Order in Council OIC […]
Changes to the Strata Property Act Now in Effect
/by VISOAOn November 24, 2022, The Building and Strata Statutes Amendment Act, 2022 was passed in the BC Legislature and received Royal Assent. This means the following changes to the Strata Property Act about age restriction bylaws, and rentals are now in effect. Certain requirements for electronic meetings come into effect in 4 months. No Rental […]