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Strata Windups (BC)

/ Owner - March 7, 2018

Until recently, terminating a condominium corporation required unanimous agreement (with one limited exception). As a result, few British Columbia strata corporations wound up. However, in 2016, the Strata Property Act[1] (the “SPA”) was amended to allow owners to wind up following an 80% majority vote, subject to court oversight.   Read the article………………

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