Bill 40 has Coquitlam condo owners ‘hitting the lottery’ (BC)

For owners in two old Coquitlam condominium projects it was “like hitting the lottery” when they sold the entire complexes for real estate development – showing that bulk sales under B.C.’s Bill 40 can be quick and profitable.  Introduced in July 2016, Bill 40 is an amendment to the provincial Strata Property Act that allows strata owners to more easily disband strata corporations and sell a condo’s land and entire building to developers.    Read the article……………..


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