Notes On The Management Of BC Strata Corporations With Sections

Over the course of 2013 it came to the attention of the Real Estate Council of British Columbia ("RECBC") that the legislative requirements related to the management of strata corporation sections were not fully understood by much of the strata management industry. RECBC began a campaign to educate licensees and established a 'phase-in' period of 18 months in which brokerages and individual licences providing strata management services to strata corporation sections are expected to bring their business practices into compliance with the legislative requirements. The compliance 'phase-in' period commenced with the publication of a Special Report from Council in March 2013 and ends December 31, 2014.