REALTORS® need to be aware of the impact the changes in the Building and Strata Statutes Amendment Act, 2022 for existing owners, buyers, and sellers.
Posts tagged with “Rental Restrictions”
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Under the Strata Property Act1 (Act), a strata corporation may pass by-laws prohibiting or restricting the rental of strata units…
![post image](https://www.bcrea.bc.ca/wp-content/uploads/LegallySpeaking.png)
Since its adoption, the Strata Property Act has permitted residential strata corporations to adopt rental restriction bylaws.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/LegallySpeaking.png)
The tight rental market in Victoria and the lower mainland has made it difficult for families with children to find accommodation, particularly since a number of condominiums and apartment buildings prevent children…