BC Real Estate Trading Services Course Strata (Condo) Law & Strata Property Act BC 5

Question 1

In BC, a 'section' within a strata corporation under the Strata Property Act refers to:

Accepted Answer

A separate administrative unit within the strata corporation for owners with significantly different interests (e.g., residential vs. commercial)

Answer

Sections allow a strata corporation to establish separate administrative units when strata lots have significantly different use (e.g., residential vs. commercial towers). Each section has its own budget and council for section-specific expenses.

Question 2

In BC, a strata lot owner who suffers water damage from a burst pipe in the ceiling (which is common property) should first:

Accepted Answer

Report the damage to the strata corporation, as the strata is responsible for common property repairs

Answer

The strata corporation is responsible for maintaining and repairing common property, including pipes within the common property areas. Owners should report common property damage to the strata council.

Question 3

Under the Strata Property Act BC, when a strata lot is sold, the seller is responsible for:

Accepted Answer

Paying all outstanding strata fees, special levies, and fines up to the date of sale

Answer

Upon sale, the seller must ensure all outstanding strata fees, special levies, and fines are paid up to the completion date. Any arrears outstanding on title can be discovered via the Form B.

Question 4

In BC, a buyer reviewing a strata corporation's Form B notices a large unresolved special levy. This is significant because:

Accepted Answer

The buyer (as new owner) will be responsible for paying the special levy after taking title

Answer

Once the buyer takes title, they become responsible for all future strata obligations, including approved special levies — even ones approved before they purchased. This is why Form B review is critical.

Question 5

Under the BC Strata Property Act, a strata corporation can be wound up (terminated) by:

Accepted Answer

A unanimous vote of all owners, or court order, or destruction of the building beyond repair

Answer

The Strata Property Act allows termination of a strata corporation by: unanimous vote of all owners, a court order (rare circumstances), or when the strata plan is cancelled (e.g., after total destruction). A simple majority is not sufficient.

BC Real Estate Practice Test

BC Real Estate Practice Test

BC Real Estate Trading Services Course Strata (Condo) Law & Strata Property Act BC 5