Unanimous owner agreement is no longer required to wind-up a strata corporation in BC. The new threshold is 80%, as per new law which came into force in July. Owners of a Vancouver condo became the first in BC to dissolve their strata corporation without 100% owner support. Featured in Business in Vancouver, Darren Donnelly discusses this first vote as well as the complexities facing strata corporations considering dissolution. Learn more.
Related Content
May 2014 Call Ceremony
On Friday, May 30th we had the pleasure of attending the Call Ceremony with Andrew Charters, Robert Goodrich, Dustin Klaudt and Nikita Ponomarev. Congratulations again ... Continued
Introduction of BC’s Franchises Act: Time to Review Your Trademark Portfolio
On February 1, 2017, the Franchises Act and Regulations (collectively, the “Act“) will become effective in British Columbia. From that date, each franchisor granting or ... Continued
Will WESA make “per stirpes” extinct?
Per Stirpes defined and discussion on the changes coming under WESA