Unanimous owner agreement is no longer required to wind-up a strata corporation in BC. The new threshold is 80%, as per new law which came into force in July. Owners of a Vancouver condo became the first in BC to dissolve their strata corporation without 100% owner support. Featured in Business in Vancouver, Darren Donnelly discusses this first vote as well as the complexities facing strata corporations considering dissolution. Learn more.
Subscribe to our newsletters
Stay current on business and legal news, topics and trends
Related Content
Navigating the Proposed Legislative Tax Changes
Yesterday morning, Cathie Brayley and Richard Weiland presented to Stodt Hansen Wealth Management and their guests on navigating the proposed legislative tax changes. They addressed ... Continued
RealREIT 2010 – Useful national and international perspectives
This article summarizes the RealREIT 2010 conference held in Toronto.
Prompt Payment Legislation in British Columbia: Long Overdue?
Trade contractors often face significant delays in payment on construction projects, as funds slowly wind their way down the “construction pyramid” from developers to general ... Continued