Strata Property FAQs

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Strata Owners and Residents

Developers

  • For more information please see Guide 2 (The Role and Responsibilities of Owner Developers).

  • A developer who intends to rent out residential strata lots must file a Rental Disclosure Statement with our office before the first strata lot is offered for sale or sold. Please see the Strata Property Act, section 139. Additionally, please see Guide 15 (Rentals Permitted within a Strata Corporation).

  • The fee for filing a Rental Disclosure Statement is $150. See fee payment and electronic filing instructions: https://www.bcfsa.ca/industry-resources/real-estate-developer-resources/real-estate-developer-fees#fee-payment-and-electronic-filing-instructions

  • Our approval is required for some Schedules that are to be registered at the Land Title Office with a strata plan. In particular, the Superintendent of Real Estate’s approval is required for three types of Schedules in the following circumstances.

    Schedule of Unit Entitlement

    (i.e., Form “V” under the current Strata Property Act and Form 1 under the old Condominium Act). The Superintendent’s approval is required:

    • if the development contains both residential and non-residential strata lots (see the Strata Property Act, section 246(5));
    • if the unit entitlement is based on something other than the habitable area or a whole number that is the same for each strata lot (see the Strata Property Act, sections 246(3)(a)(iii), 246(3)(b)(iii), and 246(6)(b));
    • if the unit entitlement will change as a result of a strata plan amendment (see the Strata Property Act, section 264(6)(a)); or
    • if the strata plan is phased and the strata plan for the first phase was registered under the old Condominium Act (see the Strata Property Regulation, section 17.17).

    Schedule of Voting Rights

    (i.e., Form “W” under the current Strata Property Act and Form 3 under the old Condominium Act). The Superintendent’s approval is required:

    • if the development contains at least one non-residential strata lot and the voting rights are based on a unique formula (see the Strata Property Act, section 248);
    • if the voting rights will change as a result of a strata plan amendment (see theStrata Property Act, section 264(6)(b)); or
    • if the strata plan is phased and the strata plan for the first phase was registered under the old Condominium Act (see the Strata Property Regulation, section 17.17).

    Schedule of Interest on Destruction

    (i.e., Form 2 under the old Condominium Act). The Superintendent’s approval is required:

    • if the strata plan is phased and the strata plan for the first phase was registered under the old Condominium Act (see the Strata Property Regulation, section 17.17).