Section 3.4 BEFORE re-enacted by BC Reg 238/2011, effective December 14, 2011.
Contingency reserve fund contribution in first annual budget
3.4 For the purposes of section 93 of the Act, the amount of the annual contribution to the contingency reserve fund for the fiscal year following the first annual general meeting must be determined as follows:
(a) if the amount of money in the contingency reserve fund at the time of the first annual general meeting is less than 25% of the estimated operating expenses for the 12 month period set out in the interim budget, the annual contribution to the contingency reserve fund under the first annual budget must be at least 10% of the total contribution to the operating fund for the 12 month period covered by that budget;
(b) if the amount of money in the contingency reserve fund at the time of the first annual general meeting is equal to or greater than 100% of the estimated operating expenses for the 12 month period set out in the interim budget, any contribution to the contingency reserve fund under the first annual budget must be approved by a resolution passed by a 3/4 vote at the first annual general meeting or a special general meeting;
(c) if the amount of money in the contingency reserve fund at the time of the first annual general meeting is at least 25% but less than 100% of the estimated operating expenses for the 12 month period set out in the interim budget, the annual contribution to the contingency reserve fund under the first annual budget may be of any amount.
[en. B.C. Reg. 241/2001, s. 1.]
Section 3.4 BEFORE re-enacted by BC Reg 7/2023, effective November 1, 2023.
Contingency reserve fund contribution in first annual budget
3.4 For the purposes of section 93 of the Act, the amount of the annual contribution to the contingency reserve fund for the fiscal year following the first annual general meeting must be determined as follows:
(a) if the amount of money in the contingency reserve fund at the time of the first annual general meeting is less than 25% of the estimated operating expenses for the 12 month period set out in the interim budget, the annual contribution to the contingency reserve fund under the first annual budget must be at least 10% of the total amount budgeted for the contribution to the operating fund for the 12 month period covered by that budget;
(b) if the amount of money in the contingency reserve fund at the time of the first annual general meeting is at least 25% of the estimated operating expenses for the 12 month period set out in the interim budget, additional contributions to the contingency reserve fund may be made as part of the annual budget approval process after consideration of the depreciation report, if any, obtained under section 94 of the Act.
[en. B.C. Reg. 238/2011, Sch. 1, s. 1.]
Section 4.1 (2) BEFORE amended by BC Reg 89/2013, effective February 28, 2013.
(2) The strata corporation must permanently retain the records and documents referred to in section 35 (2) (b), (e) and (h) of the Act.
Section 4.1 (2.1) was added by BC Reg 89/2013 effective BC Reg 89/2013, effective February 28, 2013.
Section 4.1 (2) BEFORE amended by BC Reg 88/2024, effective July 1, 2024.
(2) The strata corporation must permanently retain the records and documents referred to in section 35 (2) (b), (e), (h) and (n.1) of the Act.
Section 6.1 BEFORE re-enacted by BC Reg 238/2011, effective December 14, 2011.
Contributions to contingency reserve fund
6.1 For the purposes of section 93 of the Act, the amount of the annual contribution to the contingency reserve fund for a fiscal year, other than the fiscal year following the first annual general meeting, must be determined as follows:
(a) if the amount of money in the contingency reserve fund at the end of any fiscal year after the first annual general meeting is less than 25% of the total annual budgeted contribution to the operating fund for the fiscal year that has just ended, the annual contribution to the contingency reserve fund must be at least 10% of the total contribution to the operating fund for the current fiscal year;
(b) if the amount of money in the contingency reserve fund at the end of any fiscal year after the first annual general meeting is equal to or greater than 100% of the total annual budgeted contribution to the operating fund for the fiscal year that has just ended, any contribution to the contingency reserve fund must be approved by a resolution passed by a 3/4 vote at an annual or special general meeting;
(c) if the amount of money in the contingency reserve fund at the end of any fiscal year after the first annual general meeting is at least 25% but less than 100% of the total annual budgeted contribution to the operating fund for the fiscal year that has just ended, the annual contribution to the contingency reserve fund may be of any amount.
[en. B.C. Reg. 241/2001, s. 2 (a).]
Section 6.1 BEFORE re-enacted by BC Reg 7/2023, effective November 1, 2023.
Contributions to contingency reserve fund
6.1 For the purposes of section 93 of the Act, the amount of the annual contribution to the contingency reserve fund for a fiscal year, other than the fiscal year following the first annual general meeting, must be determined as follows:
(a) if the amount of money in the contingency reserve fund at the end of any fiscal year after the first annual general meeting is less than 25% of the total amount budgeted for the contribution to the operating fund for the fiscal year that has just ended, the annual contribution to the contingency reserve fund for the current fiscal year must be at least the lesser of
(i) 10% of the total amount budgeted for the contribution to the operating fund for the current fiscal year, and
(ii) the amount required to bring the contingency reserve fund to at least 25% of the total amount budgeted for the contribution to the operating fund for the current fiscal year;
(b) if the amount of money in the contingency reserve fund at the end of any fiscal year after the first annual general meeting is equal to or greater than 25% of the total amount budgeted for the contribution to the operating fund for the fiscal year that has just ended, additional contributions to the contingency reserve fund may be made as part of the annual budget approval process after consideration of the depreciation report, if any, obtained under section 94 of the Act.
[en. B.C. Reg. 238/2011, Sch. 1, s. 2.]
Section 6.2 BEFORE re-enacted by BC Reg 238/2011, effective December 14, 2011.
Guidelines for depreciation report
6.2 (1) For the purposes of section 94 of the Act, a depreciation report prepared to assist a strata corporation in determining the appropriate amount for the annual contribution to the contingency reserve fund may estimate the repair or replacement cost for, and the expected life of, each of the items set out below, if applicable to the strata corporation, and any other items that the strata corporation considers should be included:
(a) the electrical system;
(b) the heating system;
(c) the plumbing system;
(d) the elevators;
(e) the exterior walls;
(f) the roof;
(g) carpeting and furnishings;
(h) interior and exterior painting;
(i) parking facilities and roadways;
(j) recreational facilities.
(2) The strata corporation's annual contribution to the contingency reserve fund relating to the repair or replacement of each of the items referred to in subsection (1) may be determined according to the following formula:
| estimated cost — past contribution |
| expected life |
(3) For the formula in subsection (2):
"estimated cost" means the estimated cost to repair or replace;
"past contribution" means the amount already contributed to the contingency reserve fund in respect of an estimated cost;
"expected life" means the estimated number of years before the cost of repair or replacement is likely to be incurred.
(4) A strata corporation must comply with section 3.4 or 6.1, as applicable, whether or not a depreciation report to assist in determining the appropriate amount for the annual contribution to the contingency reserve fund is prepared.
(5) If a strata corporation contributes to the contingency reserve fund based on a depreciation report, the contributions in respect of an item become part of the contingency reserve fund and may be spent for any purpose permitted under section 96 of the Act.
[am. B.C. Reg. 241/2001, s. 2 (b).]
Section 6.2 (0.1) and (1) (g) were added by BC Reg 88/2024, effective July 1, 2024.
Section 6.2 (2) (b) (iii) BEFORE amended by BC Reg 88/2024, effective July 1, 2024.
(iii) the building's systems, including the electrical, heating, plumbing, fire protection and security systems;
Section 6.2 (6), (6.1), (6.2), (7) and (8) BEFORE repealed by BC Reg 88/2024, effective July 1, 2024.
(6) For the purposes of section 94 (1) of the Act, "qualified person" means any person who has the knowledge and expertise to understand the individual components, scope and complexity of the strata corporation's common property, common assets and those parts of a strata lot or limited common property, or both, that the strata corporation is responsible to maintain or repair under the Act, the strata corporation's bylaws or an agreement with an owner and to prepare a depreciation report that complies with subsections (1) to (4).
(6.1) The date prescribed for the purposes of section 94 (2) (a) (ii) of the Act with respect to a strata corporation that is formed after December 14, 2011, is the date that is 6 months after
(a) the date of the strata corporation's second annual general meeting, or
(b) if the second annual general meeting of the strata corporation has been waived under section 41 of the Act, the last date by which the strata corporation would otherwise have been required to hold that meeting.
(6.2) For certainty, a meeting held under section 230 of the Act must not be considered a second annual general meeting for the purposes of subsection (6.1) of this section.
(7) The following periods are prescribed:
(a) for the purposes of section 94 (2) (b) of the Act, 3 years;
(b) for the purposes of section 94 (2) (c) of the Act, 18 months;
(c) for the purposes of section 94 (3) (a) of the Act, the one year period immediately preceding the date on or before which the depreciation report is required to be obtained.
(8) A strata corporation is prescribed for the purposes of section 94 (3) (b) of the Act if and for so long as there are fewer than 5 strata lots in the strata plan.
Section 6.9 BEFORE renumbered and (2) was added by BC Reg 36/2018, effective March 7, 2018.
User fees for the use of common property or common assets
6.9 For the purposes of section 110 of the Act, a strata corporation may impose user fees for the use of common property or common assets only if all of the following requirements are met:
(a) the amount of the fee is reasonable;
(ii) in a rule and the rule has been ratified under section 125 (6) of the Act.
Section 6.11 (part) BEFORE amended by BC Reg 312/2009, effective January 1, 2010.
A strata corporation may invest money from the contingency reserve fund in the following investments for the purposes of section 95 (2) (a) of the Act:
Section 6.11 BEFORE re-enacted by BC Reg 68/2014, effective July 16, 2014.
Permitted investments for investment of money from contingency reserve fund
6.11 A strata corporation may invest money from the contingency reserve fund or money collected on a special levy in the following investments for the purposes of section 95 (2) (a) or 108 (4) (b) (i), as the case may be, of the Act:
(a) securities of Canada, a province, the United Kingdom, the United States of America or a municipal corporation in a province;
(b) securities the payment of the principal and interest of which is guaranteed by Canada, a province, the United Kingdom, the United States of America or a municipal corporation in a province;
(c) securities issued for school, hospital, irrigation, drainage or other similar purposes that are secured by or payable out of rates or taxes levied under the law of a province on property in that province;
(d) bonds, debentures or other evidence of indebtedness of a corporation that are secured by the assignment to a trustee of payments that Canada or a province has agreed to make, if those payments are sufficient to meet the interest on all the bonds, debentures or other evidence of indebtedness outstanding as it falls due and also to meet the principal amount of all the bonds, debentures or other evidence of indebtedness on maturity;
(e) bonds, debentures or other evidence of indebtedness of a corporation incorporated under the laws of Canada or a province that are fully secured by a mortgage, charge or hypothec to a trustee on any one or combination of the following assets:
(ii) the plant or equipment of a corporation that is used in the transaction of its business;
(iii) bonds, debentures or other evidence of indebtedness or shares of a class or classes authorized by this section;
(f) bonds, debentures or other evidence of indebtedness of a corporation incorporated under the laws of Canada or a province if the corporation has earned and paid a dividend,
(i) in each of the 5 years immediately preceding the date of investment, at least equal to the specified annual rate on all of its preferred shares, or
(ii) in each year of a period of 5 years ending less than one year before the date of investment, on its common shares of at least 4% of the average value at which the shares were carried in the capital stock account of the corporation during the year in which the dividend was paid;
(g) guaranteed trust or investment certificates of
(ii) a corporation that is incorporated under the laws of Canada or of a province and that has a business authorization to carry on trust business or deposit business;
(h) bonds, debentures or other evidence of indebtedness of a loan corporation or similar corporation
(i) that at the time of investment has all of the following:
(A) power to lend money on mortgages, charges or hypothecs of real estate;
(B) a paid up nonreturnable capital stock of not less than $500 000;
(C) a reserve fund amounting to not less than 25% of its paid up capital, and
(ii) the stock of which has a market value that is not less than 7% in excess of its par value;
(i) preferred shares of a corporation incorporated under the laws of Canada or of a province if the corporation has paid a dividend,
(i) in each of the 5 years immediately preceding the date of investment, at least equal to the specified annual rate on all of its preferred shares, or
(ii) in each year of a period of 5 years ending less than one year before the date of investment, on its common shares of at least 4% of the average value at which the shares were carried in the capital stock account of the corporation during the year in which the dividend was paid;
(j) first mortgages, charges or hypothecs on land in Canada, but only if the loan does not exceed 75% of the value of the property at the time of the loan as established by a valuator whom the strata corporation believes on reasonable grounds to be competent and independent;
(k) securities issued or guaranteed by the International Bank for Reconstruction and Development established by the Agreement for an International Bank for Reconstruction and Development, approved by the Bretton Woods and Related Agreements Act (Canada), but only if the bonds, debentures or other securities are payable in the currency of Canada, the United Kingdom, a member of the British Commonwealth or the United States of America;
(l) fully paid common shares of a corporation incorporated under the laws of Canada or of a province that, in each year of a period of 7 years ending less than one year before the date of investment, has paid a dividend on its common shares of at least 4% of the average value at which the shares were carried in the capital stock account of the corporation during the year in which the dividend was paid;
(m) deposits in, or non-equity or membership shares or other evidence of indebtedness of, a credit union.
[en. B.C. Reg. 33/2003; am. B.C. Regs. 203/2003, s. 1; 312/2009, s.3.]
Section 6.11 (a) and (b) BEFORE amended by BC Reg 41/2019, effective March 6, 2019.
(a) a savings account or chequing account with a financial institution outside of British Columbia insured by the Canada Deposit Insurance Corporation;
(b) a term deposit or a guaranteed investment certificate, if all or part of the deposit or certificate
(i) is eligible to be insured by the Canada Deposit Insurance Corporation or guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia, and
(ii) has a predetermined rate or predetermined rates of interest;
Section 6.12 BEFORE repealed by BC Reg 68/2014, effective July 16, 2014.
Investment of money collected under special levies
6.12 (1) Subject to subsection (2), a strata corporation need not comply with section 108 (4) (b) of the Act with respect to money collected on a special levy if that money was invested by or on behalf of the strata corporation before the coming into force of this section.
(2) If an investment referred to in subsection (1) is disposed of after the coming into force of this section, the proceeds from the disposition may only be invested as permitted by section 108 (4) (b) of the Act.
[en. B.C. Reg. 312/2009, s. 4.]
Section 6.13 BEFORE repealed by BC Reg 7/2023, effective November 1, 2023.
Definition for section 98 of the Act
6.13 For the purposes of section 98 of the Act, "prevent significant loss" includes, without limitation, the obtaining and maintaining by the strata corporation of insurance that is required under section 149 or 150 of the Act or the strata corporation's bylaws.
[en. B.C. Reg. 117/2020, s. 1.]
Section 7.1 BEFORE re-enacted by BC Reg 162/2018, effective November 30, 2018.
Maximum fines
7.1 (1) For the purposes of section 132 of the Act, the maximum amount that a strata corporation may set out in its bylaws as a fine for the contravention of a bylaw or rule is
(a) $200 for each contravention of a bylaw, and
(b) $50 for each contravention of a rule.
(2) Despite subsection (1), the maximum amount that a strata corporation may set out in its bylaws as a fine for the rental of a residential strata lot in contravention of a bylaw that prohibits or limits rentals is $500 for each contravention of the bylaw.
(3) For the purposes of section 132 of the Act, the maximum frequency that a strata corporation may set out in its bylaws for the imposition of a fine for a continuing contravention of a bylaw or rule is every 7 days.
Section 7.1 (1) (b) BEFORE repealed by BC Reg 6/2023, effective January 24, 2023.
(b) in the case of a bylaw that prohibits or limits rental of a residential strata lot, $500 for each contravention of the bylaw, and
Section 8.1 (2) BEFORE amended by BC Reg 382/2012, effective March 18, 2013.
(2) In subsection (1), "spouse of the owner" includes an individual who has lived and cohabited with the owner, for a period of at least 2 years at the relevant time, in a marriage-like relationship, including a marriage-like relationship between persons of the same gender.
Part 8 BEFORE repealed by BC Reg 6/2023, effective January 24, 2023.
Definitions for section 142 of the Act
8.1 (1) For the purposes of section 142 of the Act, "family" and "family member" mean
(b) a parent or child of the owner, or
(c) a parent or child of the spouse of the owner.
(2) In subsection (1), "spouse of the owner" includes an individual who has lived with the owner, for a period of at least 2 years at the relevant time, in a marriage-like relationship.
[am. B.C. Reg. 382/2012.]
Definition for section 144 of the Act
8.2 For the purposes of section 144 of the Act, "hearing" means an opportunity to be heard in person at a council meeting.
Fees for filing or copy of Rental Disclosure Statement
8.3 (1) The fee to be paid to the superintendent for filing a Rental Disclosure Statement or changed statement under section 139 of the Act is $150.
(2) The fee to be paid to the superintendent for a copy of a Rental Disclosure Statement or changed statement filed under section 139 of the Act is $38.
[en. B.C. Reg. 203/2003, s. 2.]
Section 12.1 BEFORE amended by BC Reg 158/2015, effective July 28, 2015.
Definitions for section 199 of the Act
12.1 For the purposes of the definition of "leasehold landlord" in section 199 of the Act, "public authority" means any of the following:
(a) a university as defined in the University Act;
(b) the Sechelt Indian Band established under section 5 (1) of the Sechelt Indian Band Self-Government Act (Canada);
Section 12.1 (b) BEFORE amended by BC Reg 32/2024, effective June 10, 2024.
(b) the Sechelt Indian Band established under section 5 (1) of the Sechelt Indian Band Self-Government Act (Canada);
Section 14.3 (4) BEFORE amended by BC Reg 171/2019, effective November 15, 2019.
(4) This section does not apply to a strata plan in electronic format that may be submitted for deposit in a land title office in accordance with Division 2.1 of Part 10.1 of the Land Title Act.
Section 14.4 (3) (part) BEFORE amended by BC Reg 171/2019, effective November 15, 2019.
(3) The following do not apply to a strata plan in electronic format submitted for deposit in a land title office in accordance with Division 2.1 of Part 10.1 of the Land Title Act:
Section 14.9 (a) BEFORE amended by BC Reg 64/2021, effective March 11, 2021.
(a) unless the plan is in electronic format, an Application to Deposit Strata Plan in Form Z, signed by the person applying to deposit the strata plan or by his or her agent, and
Section 14.10 (2) BEFORE amended by BC Reg 171/2019, effective November 15, 2019.
(2) This section does not apply to a strata plan in electronic format that is submitted for deposit in a land title office in accordance with Division 2.1 of Part 10.1 of the Land Title Act.
Section 14.13 BEFORE re-enacted by BC Reg 273/2009, effective November 25, 2009.
Court ordered amendments to Schedule of Unit Entitlement
14.13 No application may be brought under section 246 (7) of the Act unless one or both of the following conditions apply:
(a) the actual habitable area or square footage of a strata lot is at least 10% greater than, or 10% less than, the habitable area or square footage used to determine the unit entitlement of the strata lot;
(b) the actual habitable area or square footage of a strata lot is at least 20 square metres greater than, or 20 square metres less than, the habitable area or square footage used to determine the unit entitlement of the strata lot.
Section 17.5 BEFORE repealed by BC Reg 68/2014, effective July 16, 2014.
Investment of contingency reserve fund
17.5 (1) Subject to subsection (2), a strata corporation created under the Condominium Act need not comply with section 95 (2) of the Act with respect to money in its contingency reserve fund which is already invested, on the coming into force of this section, in a manner not permitted by section 95 (2) of the Act.
(2) If an investment referred to in subsection (1) is disposed of after the coming into force of this section, the proceeds from the disposition may only be invested as permitted by section 95 (2) of the Act.
Section 17.14 BEFORE repealed by BC Reg 6/2023, effective January 24, 2023.
Rental disclosure by owner developer
17.14 (1) A rental disclosure statement delivered to the superintendent by an owner developer under section 31 of the Condominium Act before the coming into force of this section is deemed to be a Rental Disclosure Statement under section 139 of the Act.
(2) To change a rental disclosure statement referred to in subsection (1), the owner developer must comply with the requirements of section 139 of the Act.
Section 17.15 BEFORE repealed by BC Reg 312/2009, effective January 1, 2010.
Applicability of rental restriction bylaws
17.15 Despite section 143 (2) of the Act, but subject to section 143 (1) of the Act, if a strata lot is conveyed by the first purchaser of the strata lot, and the strata lot was designated as a rental strata lot on a rental disclosure statement in the prescribed form under section 31 of the Condominium Act and all the requirements of section 31 of the Condominium Act were met, a bylaw that prohibits or limits rentals does not apply to that strata lot until the earlier of:
(a) the date the rental period expires, as disclosed in the statement;
(b) January 1, 2006.
Section 17.23 (1) BEFORE repealed by BC Reg 184/2024, effective July 8, 2024.
(1) In this section, "declaration of a state of emergency" and "declaration of a state of local emergency" have the same meaning as in section 1 (1) of the Emergency Program Act.
Section 17.23 (2) (part) BEFORE amended by BC Reg 184/2024, effective July 8, 2024.
(2) If a declaration of a state of emergency or a declaration of a state of local emergency is in effect where the land in a strata plan is located and at any time during the period of one month that ends on the last day on which a general meeting of the strata corporation must be held under any of the following provisions of the Act, the meeting may be held up to 2 months after the last day on which the meeting must be held under the provision:
Section 17.23 (3) was added by BC Reg 184/2024, effective July 8, 2024.
Form B before amended by BC Reg 238/2011, effective January 1, 2014.
Strata Property Act
Form B
[am. B.C. Reg. 238/2011, Sch. 2.]
INFORMATION CERTIFICATE
(Section 59)
The Owners, Strata Plan ................................................................[the registration number of the strata plan] certify that the information contained in this certificate with respect to Strata Lot .............[strata lot number as shown on strata plan] is correct as of the date of this certificate.
[Attach a separate sheet if the space on this form is insufficient].
| (a) | Monthly strata fees payable by the owner of the strata lot described above | $............... | |
| (b) | Any amount owing to the strata corporation by the owner of the strata lot described above (other than an amount paid into court, or to the strata corporation in trust under section 114 of the Strata Property Act) | $............... | |
| (c) | Are there any agreements under which the owner of the strata lot described above takes responsibility for expenses relating to alterations to the strata lot, the common property or the common assets?  no yes [attach copy of all agreements] | ||
| (d) | Any amount that the owner of the strata lot described above is obligated to pay in the future for a special levy that has already been approved. The payment is to be made by ................................................[month day, year]. | $............... | |
| (e) | Any amount by which the expenses of the strata corporation for the current fiscal year are expected to exceed the expenses budgeted for the fiscal year | $............... | |
| (f) | Amount in the contingency reserve fund minus any expenditures which have already been approved but not yet taken from the fund | $............... | |
| (g) | Are there any amendments to the bylaws that are not yet filed in the land title office? no yes [attach copy of all amendments] | ||
| (h) | Are there any resolutions passed by a 3/4 vote or unanimous vote that are required to be filed in the land title office but that have not yet been filed in the land title office? no yes [attach copy of all resolutions] | ||
| (i) | Has notice been given for any resolutions, requiring a 3/4 vote or unanimous vote or dealing with an amendment to the bylaws, that have not yet been voted on? no yes [attach copy of all notices] | ||
| (j) | Is the strata corporation party to any court proceeding or arbitration, and/or are there any judgments or orders against the strata corporation? no yes [attach details] | ||
| (k) | Have any notices or work orders been received by the strata corporation that remain outstanding for the strata lot, the common property or the common assets? no yes [attach copies of all notices or work orders] | ||
| (l) | Number of strata lots in the strata plan that are rented ............... |
Required Attachments
In addition to attachments mentioned above, section 59 (4) of the Strata Property Act requires that copies of the following must be attached to this Information Certificate:
The rules of the strata corporation;
The current budget of the strata corporation;
The owner developer's Rental Disclosure Statement under section 139, if any; and
The most recent depreciation report, if any, obtained by the strata corporation under section 94.
Date: ...........................................................[month day, year].
.......................................................................
Signature of Council Member
.......................................................................
Signature of Second Council Member (not required if council consists of only one member)
OR
.......................................................................
Signature of Strata Manager, if authorized by strata corporation
Form B, paragraph (j) BEFORE amended by BC Reg 172/2016, effective July 13, 2016.
| (j) | Is the strata corporation party to any court proceeding or arbitration, and/or are there any judgments or orders against the strata corporation? no yes [attach details] | ||||
Form B, paragraph (h.1) was added by BC Reg 206/2016, effective July 28, 2016.
Form B, paragraph (i) BEFORE amended by BC Reg 206/2016, effective July 28, 2016.
| (i) | Has notice been given for any resolutions, requiring a 3/4 vote or unanimous vote or dealing with an amendment to the bylaws, that have not yet been voted on? no yes [attach copy of all notices] | ||||
Form B, paragraph (l) BEFORE repealed by BC Reg 6/2023, effective January 24, 2023.
| (l) | Number of strata lots in the strata plan that are rented ............... | ||||
Form B, item under heading "Required Attachments" BEFORE repealed by BC Reg 6/2023, effective January 24, 2023.
The owner developer's Rental Disclosure Statement under section 139, if any; and
Form E, under the heading "CERTIFICATE FOR SECTION 274", paragraphs (a) and (c) BEFORE amended by BC Reg 206/2016, effective July 28, 2016.
(a) a resolution referred to in section 272 of the Strata Property Act was passed by a unanimous vote at an annual or special general meeting held on .................................................[month day, year],
(c) the strata corporation has no debts other than debts held by persons who have consented in writing, under section 274 (b) of the Strata Property Act, to the winding up of the strata corporation.
Form I (part) BEFORE amended by BC Reg 312/2009, effective January 1, 2010.
* Section 128 (3) of the Act provides that an Amendment to Bylaws must be filed in the land title office within 60 days of the amendment being approved.
Form J, below was added above section 1 by BC Reg 312/2009, effective January 1, 2010.
This Rental Disclosure Statement is [Check whichever box is correct and provide any required information.]
[ ] the first Rental Disclosure Statement filed in relation to the above-noted strata plan
[ ] a changed Rental Disclosure Statement filed under section 139 (4) of the Strata Property Act, and the original Rental Disclosure Statement filed in the relation to the above-noted strata plan was filed on .....[dd/mmm/yyyy]......
Form J, sections 2 and 3 Table BEFORE replaced by BC Reg 312/2009, effective January 1, 2010.
|
Form J BEFORE repealed by BC Reg 6/2023, effective January 24, 2023.
[am. B.C. Reg. 312/2009, s. 8.]
RENTAL DISCLOSURE STATEMENT
(Section 139)
Re: Strata Plan...............................................................[the registration number of the strata plan] or [legal description of development]
This Rental Disclosure Statement is [Check whichever box is correct and provide any required information.]
the first Rental Disclosure Statement filed in relation to the above-noted strata plan
a changed Rental Disclosure Statement filed under section 139 (4) of the Strata Property Act, and the original Rental Disclosure Statement filed in the relation to the above-noted strata plan was filed on .....[dd/mmm/yyyy]......
1 The development described above includes ..................[number] residential strata lots.
2 The residential strata lots described below are rented out by the owner developer as of the date of this statement and the owner developer intends to rent out each strata lot until the date set out opposite its description.
[Describe all strata lots rented out by owner developer as of the date of this statement.]
|
* Section 143 (2) of the Strata Property Act provides that, if this Rental Disclosure Statement is filed after December 31, 2009, a bylaw that prohibits or limits rentals will not apply to a strata lot described in this table until the date set out in the table opposite the description of the strata lot, whether or not the strata lot is conveyed before that date.
3 In addition to the number of residential strata lots rented out by the owner developer as of the date of this statement, the owner developer reserves the right to rent out a further ..................[number] residential strata lots, as described below, until the date set out opposite each strata lot's description.
[Describe all strata lots intended to be rented out by the owner developer.]
|
* Section 143 (2) of the Strata Property Act provides that, if this Rental Disclosure Statement is filed after December 31, 2009, a bylaw that prohibits or limits rentals will not apply to a strata lot described in this table until the date set out in the table opposite the description of the strata lot, whether or not the strata lot is conveyed before that date.
4 There is no bylaw of the strata corporation that restricts the rental of strata lots.
OR
There is a bylaw of the strata corporation that restricts the rental of strata lots, the text of which is attached to and forms part of this statement.
[Strike out sentence which does not apply.]
Date: ..........................................................[month day, year].
.......................................................................
Signature of Owner Developer