Dear Tony: I was the developer on a recent project. I sold the 18 residential units and retained two commercial units as our head office. We gave notice of the first annual meeting as soon as 50 per cent of the units were sold and have fully complied with the act. In addition to the approval of the annual budget, the owners requested that a number of bylaws be added to the first AGM to deal with parking, storage lockers and barbecues on balconies. As the developer, we agree to add the items to work co-operatively with the strata. Read the Q&A…………..
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