Pat Williams was acknowledged in the Advocate for his work with the BC Law Institute’s project committee on strata property law reform. The committee examines improvement in various areas, including cancellation of a strata plan, dissolution of a strata corporation, complex and leasehold stratas, common property, governance, insurance and land-title issues. Their goal is to aid in the development of strata property law in BC.
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Personal Property
Our strata corporation has a painting that was provided by the developer as per the disclosure statement. We have had the painting appraised and found out it is worth $60,000. The strata council wants to sell it and use the money for future expenses of the strata corporation. Is this allowed?