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……………
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