Author Archives: VISOA Editor
Is Your Strata’s Registered Address Up To Date?
Is Your Strata’s Registered Address Up To Date? Your strata must register its official mailing address with the Land Title and Survey Authority (LTSA). Often the first registered address is that of the developer; and subsequent updates will be the …
Strata Property Regulation amendment – clarifying deposit insurance requirements
Greetings, The Province is committed to reducing red tape and administrative burden for citizens and businesses. In support of Better Regulations for British Columbians Day 2019, the Strata Property Regulation (the Regulation) is being amended to clarify deposit insurance requirements …
Proposed Elimination of Rental Restriction Bylaws
Your Opinion Matters: Proposed Elimination of Rental Restriction Bylaws by Sandy Wagner, President, VISOA. Does your condo, townhouse or bare land strata have rental restriction bylaws? Do you think your strata should or shouldn’t be permitted to have rental restriction …
Have your say on common property, land titles, and fundamental changes for stratas
The British Columbia Law Institute is asking the public to share its views on proposals to reform three important aspects of how strata properties are defined as interests in land. “The Consultation Paper on Common Property, Land Titles, and Fundamental …
New fine for short term rentals for stratas
There are changes in the regulations (7.1) which will allow stratas to fine $1,000 per day if someone contravenes an anti-short term rental bylaw. VISOA has been made aware that: Some stratas do not realize this doesn’t become effective until November …
VISOA Associate Membership
With the growing popularity of strata living, be it in a duplex, apartment style condo, townhome, or a bare land strata, so many potential buyers (or renters) are asking questions about the pros and cons of strata living. So VISOA …
BCLI invites you to have your say on proposals for strata governance amendments
With the publication March 13 of its Consultation Paper on Governance Issues for Stratas, the British Columbia Law Institute’s Strata Property Law Project Committee is asking the public for its views on proposed reforms to the Strata Property Act, the …
BC Law Institute calls for reforms to strata sections, types, and phases
In the Report on Complex Stratas, published today, the British Columbia Law Institute’s Strata Property Law Project Committee is calling for reforms to the Strata Property Act and the Strata Property Regulation to improve sections, types, and phases—the three tools …
HPO: Guide to Managing Renewals Projects in Multi-Residential Buildings
The HPO’s Guide to Managing Renewals Projects in Multi-Unit Residential Buildings provides practical information for owners, strata managers and strata council members to help manage the planning and implementation of renewals projects for multi-unit residential buildings. As residential buildings age …
Strata Corporation Income Tax Filing
Tax time is here, and your strata is not exempt. Do strata corporations need to file income tax returns? Yes. All strata corporations must file an income tax return each year, whether they pay taxes or not. What are …
