A bare land strata is a type of strata property where you own the land itself (the lot) rather than just the interior of a building. It is still governed by the Strata Property Act, but it works a little differently than a typical condo or townhouse strata.Here’s a simple explanation:
A party wall agreementin British Columbia is a legal agreement between two neighbouring property owners that explains how ashared wall or structure(most often in a duplex or semi-detached home) is owned, maintained, repaired, and used. It is commonly used when a property isnot part of a strata, so instead of being governed by strata bylaws unde...
When a new strata is created, the developer is called the “owner developer.” They are automatically part of the strata corporation because they own the unsold units. The strata corporation is legally formed when the strata plan is registered at the BC Land Title and Survey Authority.At the beginning, the developer typically has significant control...
Spring is the perfect time to refresh your home after a long winter. Regular maintenance not only keeps your home running efficiently but also protects its value. Use this checklist to ensure your home is ready for the sunny months ahead.
