Change in B.C. strata law has unintended consequences

When the B.C. government changed the law last year to make it easier for condominium owners to group together to sell their complexes, it inadvertently gave life to a second, and controversial, method of selling homes.  While owners in dozens of condominium complexes across Metro Vancouver are using the new Bill 40 process to wind up their strata corporations, many others are grouping together to sell chunks of buildings – perhaps 60% or less – in a method of selling known as a unit assembly.     Read the article……………


Related Articles

Question: I’m a director for a new condo. What do I need to know?

Being a director for a recently registered condominium is hard work, but it can be very rewarding. It reminds me

Police searching for suspect in condo rental fraud scheme

Toronto Police are searching for a 58-year-old suspect who has allegedly posed as a landlord to rent out condo units

Condo Q&A: What do I need to know before volunteering for the job of board treasurer?

Q The board of directors has asked me to submit my name for election purposes. Our treasurer is retiring and