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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 leaky condo crisis, also known as the leaky condo syndrome and rotten condo crisis, is an ongoing construction, financial, and legal crisis in Canada. It primarily involves multi-unit condominium (or strata) buildings damaged by rainwater infiltration in the Lower Mainland and Vancouver Island regions of coastal British Columbia (B.C.). In ...
Before registering a complaint, people who contact the Ombudsperson's Office are first referred to specific agencies' internal resolution procedures, if they haven't already tried this route. The office responds to complaints from individuals and organizations, [5] and also initiates systemic investigations. Confidential interpretation services ...
Tercon Contractors Ltd. v. British Columbia (Transportation and Highways) is a British Columbia legal case which was resolved in the Supreme Court of Canada in 2010 on a majority decision, both the majority and the dissenting Justices agreeing that the legal doctrine of fundamental breach should be "laid to rest", or "donner le coup de grâce" in the French report, [1] in respect of the ...
One-half of new construction in 2013 was condominium-related. [8] In recent years, the condominium industry has been booming in Canada, with dozens of new towers being erected each year. Toronto is the centre of this boom, with 17,000 new units being sold in 2005, more than double second place Miami's 7,500 units. [ 9 ]
Lot owners and prospective purchasers with written permission from a lot owner, can inspect the books and records of a strata scheme for a fee in accordance with section 108 of the Strata Schemes Management Act 1996. There are companies which specialise in inspecting the books and records and can organise a 'strata search' inspection. [8]
Strata title is a form of ownership and housing tenure devised for multi-level apartment blocks and horizontal subdivisions with shared areas. The word "strata" refers to apartments on different levels. Strata title was first introduced in 1961 in the state of New South Wales, Australia, to better cope with the legal ownership of apartment ...
A property management system, also known as a PMS, is a comprehensive software application used to cover objectives like coordinating the operational functions of the front office, bookings, communication with guests, planning, reporting, etc. This kind of software is used to run large-scale hotels and vacation properties.