Vote signals first condo wind-up approval under new law (BC)

Owners of a Vancouver condominium complex have became the first in B.C.’s history to successfully vote to dissolve their strata corporation and sell their building to a developer without obtaining unanimous support.  On December 12, more than 20 owners voted in excess of the necessary 80% threshold to accept an offer to buy their building, according to Condominium Home Owners Association of BC president Tony Gioventu and Clark Wilson partner Darren Donnelly, who were both at the meeting.   Read the article………….


Related Articles

Condo Smarts: B.C. stratas have effective means to collect debts

Dear Tony: Our townhouse complex has been using a collection service to deal with unpaid strata fees, special levies and

Condo Smarts: Absent owners can be issue

Dear Tony: Our AGM notice has gone out and the meeting is scheduled for just over a week from now.

Condo Culture: Board should explain the reason for any significant fee hikes to owners

Q: We are not happy with the increase in our monthly condominium fee and feel that a better budget could