Did you read our email last week on rental restriction bylaws? Ok forget everything we said. The proposed legislative changes came into force sooner than we expected.
The BC Government gave royal assent to Bill 44 – 2022 Building and Strata Statutes Amendment Act on November 24, 2022, with the legislative changes coming into force immediately.
Side Note: Curious how a bill becomes law in BC? Check out this article from the Legislative Assembly of BC.
So, what are some of the changes?
1. Rentals – Rental restriction bylaws in strata corporations are no longer valid. Short term rental bylaws are still allowed, and a strata corporation or section can still create a bylaw banning or limiting short term rentals.
2. Age Restrictions – Strata corporations and sections are only allowed to have age restriction bylaws that require one or more persons residing in the strata lot to have reached an age that is not less than 55 years. All other age restriction bylaws are no longer valid.
3. Electronic General Meetings – All strata corporations are allowed to conduct annual and special general meetings by electronic means, or use a hybrid of in person and electronic participation. No strata bylaw is needed.
Disclaimer: The information provided is for general purposes only. It is not intended to provide legal advice or opinions of any kind. No one should act, or refrain from acting, based solely upon the materials provided, any hypertext links or other general information without first seeking appropriate legal or other professional advice.
Next week we’ll look at alterations within strata units, as reported on the Form B. If you have any suggestions for other topics you’d like us to cover, please let us know at email@example.com.
A little about us:
- We are a fully licensed brokerage under the BCFSA, and carry Errors and Omissions (E&O) insurance.
- We’ve been in business since 2017 and have completed over 1,800 strata reviews to date province wide.
- Our Review Advisors have firsthand knowledge and experience. They’ve all been practicing strata managers.
A little about our services:
Here is a Sample Buyer’s Review that you can look through. If you have some time, we would love to setup a quick chat, to talk more about our review process and go over any specific needs you might have.
Ryan Stenquist & Magurel Mic
Condo Clear Services Inc.