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"The strata bylaws state that only two people can live in a home and one partner in a couple must be over 50 years old." In 2023 the BC Government, in an effort to make housing more accessible for households with children, banned Strata Corporations from imposing minimum age requirements.
Strata properties are a popular housing choice in B.C. because it is convenient, provides security and added amenities and is usually less costly than buying a single-family home. [ 5 ] As the price of single-family housing has soared to unprecedented levels in Vancouver , the number of new condominium sales has increased, along with prices.
Crown corporations in BC are public-sector organizations established and funded by the Government of British Columbia to provide specialized goods and services to citizens. [1] They operate at varying levels of government control, depending on how they are defined, funded, and the kinds of services they provide.
Condominium ownership is also used, albeit less frequently, for non-residential land uses: offices, hotel rooms, retail shops, private airports, marinas, group housing facilities (retirement homes or dormitories), bare land (in British Columbia) and storage. The legal structure is the same, and many of the benefits are similar; for instance, a ...
Strata title was developed in Australia and by-laws of body corporate are also empowered by state legislation. [6] Many people come into contact with strata by-laws on a regular basis, since they affect what people living in strata title housing can do in their homes. [7] The most well-known of these is the "no pets in flats" rule. [8] [9]
The BC Government through the Strata Property Act (SPA) enables any private land owner to create a strata, which can be single family, duplex, triplex, multi-residential dwellings and also commercial properties such as stores, restaurants, airports, marinas, golf courses, fractional vacation properties, etc. Strata corporations are unlimited ...
The agency was founded in 1967 as the BC Housing Management Authority by Municipal Affairs Minister Daniel Campbell. [1] BC Housing is currently under the Ministry of Attorney General and Minister responsible for Housing and located in Burnaby, British Columbia, Canada. They license residential builders, administer owner builder authorizations ...
Strata management, sometimes known as "body corporate management", is a specialist area of property management involving the day-to-day operation and management of a property that is jointly owned and comprises multiple units, common areas and common facilities.
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