BC Real Estate Trading Services Course Strata Properties 2

Question 1

How are strata corporation bylaws created and amended in BC?

Accepted Answer

By a 3/4 vote at a general meeting, with the amended bylaws filed at the Land Title Office to be enforceable against new owners

Answer

By the property manager unilaterally

Answer

By a simple majority vote at any meeting

Answer

Bylaws cannot be changed once the strata plan is registered

Question 2

Can a BC strata corporation restrict rentals of strata lots?

Accepted Answer

Yes, by passing a bylaw with a 3/4 vote that restricts or prohibits rentals, subject to certain exemptions for owners who were renting before the bylaw was passed

Answer

No, owners have an absolute right to rent their units

Answer

Only if all owners unanimously agree

Answer

Only the municipality can restrict rentals

Question 3

What is 'unit entitlement' in a BC strata corporation and why does it matter?

Accepted Answer

A number assigned to each strata lot that determines the owner's share of common expenses, voting power, and interest in common property

Answer

The right to park in the underground garage

Answer

The maximum number of people who can live in a unit

Answer

The amount of insurance coverage for each unit

Question 4

What dispute resolution mechanisms are available for strata property disputes in BC?

Accepted Answer

The Civil Resolution Tribunal (CRT) has jurisdiction over most strata disputes, plus mediation, arbitration, and BC Supreme Court for complex matters

Answer

Only the courts can resolve strata disputes

Answer

Only the strata council can resolve disputes internally

Answer

BCFSA resolves all strata disputes

Question 5

What insurance is a BC strata corporation required to carry?

Accepted Answer

Full replacement value insurance on common property and buildings, plus liability insurance for common property areas, as required by the Strata Property Act

Answer

Only fire insurance on the building

Answer

Insurance is optional for strata corporations

Answer

Only individual owners are required to carry insurance

Question 6

What changes did the 2023 BC Strata Property Act amendments make regarding electric vehicle charging?

Accepted Answer

They made it easier for owners to install EV charging by removing the previous requirement for a 3/4 vote and allowing installation with strata council approval in many cases

Answer

They banned EV charging stations in strata properties

Answer

They required every parking stall to have an EV charger

Answer

They had no impact on EV charging