Regulations are now in effect to protect B.C. strata owners from unexpected long-term repairs and replacement costs.

It will come as no surprise to strata property managers that life in a strata corporation means living under certain laws of the land. The

British Columbia is making changes to its Strata Property Act that will give owners more flexibility when they decide they would like to sell the property.

A proposed amendment to British Columbia’s Strata Property Act could make it easier for apartment developers to scoop up prime real estate in B.C.’s hottest neighbourhoods.