by Manuel (Manny) Riebeling (Royal Pacific Realty Corp.) on Tue, Jul, 27, 2010 03:32 PM
· Age Restrictions: It is now definite that strata corporations can pass an age restriction bylaw.
· Disclosure of conflicts of interest: Strata council members are required to disclose conflicts of interest, abstain from voting on contracts, transactions or matters in which they have conflicts, and leave meetings during discussions of related topics.
· Hearings: By application in writing stating the reason for the request, an owner or tenant may request a hearing at a council meeting. The council must hold a meeting to hear the applicant within four weeks after the request. If applicant seeks a decision of the council, the council must provide a written decision within one week of the hearing.
· Strata corporation Records: a former owner or tenant can access strata corporation records relating to the time they were an owner or tenant.
· Resolutions: only 20% of votes (instead of the former 25%) are required by owners wanting their strata corporation to consider a resolution at an annual or special general meeting.
· Email: Strata Corporation can send and receive notices by email.
· Rental restrictions: where a strata has a rental restriction bylaw, the calculation of units rented should not include rentals to family members or those exempt because of hardship. If a rental restriction is immediately effective. A Rental Disclosure Statement applies to every owner of the unit and protects the right of the first owner to rent until the date the rental period expires as specified in the disclosure statement. New strata corporations cannot change rules for units already designated rental.
· Special levies: if a bylaw is in place regarding charging interest on special levies, and there is a surplus, refunds for unused special levies will go to the owner of the strata lot at the time of the refund. While this may not be the owner who paid the levy, this simplifies bookkeeping for strata managers.
· Votes: if there is a tie vote at an AGM or SGM, the president or vice-president (in the president’s absence) may break the tie.
The enclosed information while deemed to be correct is not guaranteed.
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