Strata Bylaws in BC: What They Can Restrict, and What They Cannot
Since November 24, 2022, no strata corporation in BC can stop you from renting your unit to a long-term tenant. Pet bans, smoking bans and renovation approvals are still enforceable. Read the registered bylaws before you remove your subjects, because the version on the building's website may be out of date.
Michael Lee · 8 min read
Strata Insurance in BC: The Deductible Gap That Can Cost an Owner Six Figures
A strata corporation's policy covers the building. It does not cover the deductible, which can run from $100,000 to $750,000 or higher. If a claim originates in your unit you can be held responsible for it without being negligent.
Michael Lee · 8 min read
Strata Fees Explained: What's Actually Included
Strata fees aren't a flat tax on owning a condo, they're your share of the operating budget, sized by unit entitlement and topped up by a mandated reserve fund. Here's what's in that number.
Michael Lee · 7 min read
How to Read a Strata Depreciation Report Before You Buy a Condo
A depreciation report is a planning document. Check its assumptions and the current strata records before relying on it in a purchase decision.
Michael Lee · 10 min read