New Strata Property Act Amendments

Stratas can no longer enforce rental restrictions, except for short-term rental restrictions.

• There are now only two age-related options for stratas: a bylaw requiring at least one resident in a unit to be 55 years-old or older; or no age restriction bylaw.
• Stratas can now conduct annual and special general meetings virtually without a bylaw explicitly allowing them to do so.

The Strata Property Act has undergone several amendments over the years, with the goal of improving the governance and operation of strata properties in the province. Some of the key amendments to the act in recent years include:

• Changes to the dispute resolution process, including the introduction of a new dispute resolution tribunal to help resolve disputes between strata owners and the strata corporation
• Changes to the rules governing strata meetings, including the use of electronic voting and the ability for strata owners to attend meetings remotely
• Changes to the rules governing strata insurance, including new requirements for strata corporations to have insurance coverage for damages caused by earthquakes, fires, and other disasters
• Changes to the rules governing the operation and maintenance of strata properties, including new requirements for energy efficiency and sustainability

It is important for strata owners and property managers to stay informed about the latest amendments to the Strata Property Act, as these changes can have significant implications for the operation and management of strata properties in the province.