Author Archives: VISOA Editor
Would you like to see legislative changes to allow electronic meetings?
As you may be aware, strata corporations normally require a bylaw to allow them to hold AGMs and SGMs electronically. Due to the pandemic, strata corporations have been permitted to hold these meetings electronically without a bylaw. However, this provision …
From One State of Emergency to Another
Just three weeks after the state of emergency ended for the COVID-19 pandemic, the B.C. government declared a provincial state of emergency to support the provincewide response to the ongoing wildfire situation. The declaration became effective on July 21, 2021. …
Zoom Zoom: Best Practices for Electronic General Meetings
It’s been fifteen months since the Province of British Columbia declared a state of emergency on March 18, 2020 due to the COVID-19 pandemic. At that time, many of us had never heard of Zoom. Fast forward to May 2021 …
Survey Results: What Matters to You
Here’s what we learned from our survey about what issues matter most to strata owners in March 2021. All respondents were strata owners. 46% in townhouses, 38% in condominiums, 12% in bare land stratas, and 2% from mixed-use (residential/commercial) stratas. …
New Disclosure Form for Strata Management Companies
Did you know that that your strata management company (brokerage) is required to disclose certain information about benefits they receive (if any)? Since 2005, when the Real Estate Services Act became law, all real estate professionals have been required to …
OSRE Releases New Brochure: Understanding Pre-Sale Purchases
The Office of the Superintendent of Real Estate (OSRE) has released a new information brochure for consumers looking to purchase a pre-sale condo or townhome. The brochure, called Understanding Pre-Sale Purchases, identifies risks and other information that consumers should be …
Home Owner Grant Centralized
The BC Ministry of Finance has asked VISOA to inform our readers of changes to the process for applying for your Home Owner Grant. Residents in municipalities no longer apply for the home owner grant through their municipal office. This …
Single Regulator for Real Estate
On March 9 2021, the BC legislature passed Bill 8 which included changes to the Real Estate Services Act. None of the changes will take effect immediately. The biggest shift is that the legislation enables the amalgamation of Real Estate …
Shape the Future of VISOA
VISOA needs your input! 2020 has been a year that has made all of us, on both a personal level and in our roles within businesses and organizations, evaluate how we can connect with one another, rethink how we do …
BCFSA Releases Final Report on BC’s Strata Insurance Market
The BCFSA (BC Financial Services Authority) issued the following media release today: The BCFSA has released its final report Strengthening Foundations: A Report on the State of Strata Insurance in British Columbia following a comprehensive review of British Columbia’s strata …