Operating a strata corporation in British Columbia, Canada, is governed primarily by the Strata Property Act (SPA) and its regulations. Compliance involves a range of legally required forms and documents.
Here is a breakdown of the necessary forms and a comprehensive checklist for strata operations and compliance.
The following forms are prescribed under the Strata Property Act Regulation and are essential for various compliance and transactional matters.
Information Certificate
S. 59
Provides a "snapshot" of the strata lot and corporation, including strata fees, amounts owing, special levies, pending resolutions, and attached documents like the current budget and insurance summary. Mandatory for sale/mortgage transactions.
Certificate of Payment
S. 115
Certifies that the selling owner has paid all money owing to the strata corporation. Mandatory for the Land Title Office to register a transfer of ownership.
Notice of Tenant's Responsibilities
S. 146
An owner who rents out their strata lot must give this notice to the strata corporation, declaring that they have given the tenant a copy of the bylaws and rules, and agreeing that the tenant is responsible for following them.
Certificate of Change of Mailing Address
S. 207
Used to notify the Land Title Office of a change to the strata corporation's official mailing address.
Lien Form
S. 116
A formal notice of a strata corporation's claim of lien against a strata lot for unpaid money (e.g., strata fees, special levies, fines).
Mortgagee's Request for Notification
S. 60
Filed by a lender (mortgagee) to require the strata corporation to send them copies of notices for AGMs/SGMs, or to notify them if a strata lot owner is in arrears.
Disclaimer: This information is for general guidance only and is not legal advice. A BC strata corporation should consult with a qualified strata lawyer or licensed strata manager to ensure full compliance with the current Strata Property Act and its regulations.