Land Title Practice Manual

100 Change To Basis For Calculation Of Contribution

In This Volume

  • 100 (1) At an annual or special general meeting held after the first annual general meeting, the strata corporation may, by a resolution passed by a unanimous vote, agree to use one or more different formulas, other than the formulas set out in section 99 and the regulations, for the calculation of a strata lot’s share of the contribution to the operating fund and contingency reserve fund.
  • (2) An agreement under subsection (1) may be revoked or changed by a resolution passed by a unanimous vote at an annual or special general meeting.
  • (3) A resolution passed under subsection (1) or (2) has no effect until it is filed in the land title office, with a Certificate of Strata Corporation in the prescribed form stating that the resolution has been passed by a unanimous vote.

1998-43-100, effective July 1, 2000 (B.C. Reg. 43/2000).

REGULATIONS AND FORMS

The Strata Property Regulation, B.C. Reg. 43/2000, is included at chapter 59 (Strata Property Regulations).

Submissions

On the Strata Property Act Filing form, select Change to Contributions Calculations s. 100 and attach an image of the original resolution and Form E.

Phased Strata Plans

See s. 13.3 of the Strata Property Regulation for restrictions on changing the basis for sharing common expenses and amending bylaws in phased strata plans.

Operating Expenses

Limited Common Property

See s. 6.4(1) of the Strata Property Regulation for the formula for sharing operating expenses for limited common property.

Types of Strata Lots

See s. 6.4(2) of the Strata Property Regulation for the formula for sharing operating expenses for types of strata lots.

Some But Not All Strata Lots

See s. 6.5(1) of the Strata Property Regulation for the formula for sharing operating expenses for some but not all strata lots.

Limited Common Property in Sections

See s. 11.2(1) of the Strata Property Regulation for the formula for sharing operating expenses for limited common property in sections.

Types of Strata Lots in Sections

See s. 11.2(2) of the Strata Property Regulation for the formula for sharing operating expenses for types of strata lots in sections.

Some But Not All Strata Lots in Sections

See s. 11.3(1) of the Strata Property Regulation for the formula for sharing operating expenses for some but not all strata lots in sections.

Contingency Reserve Fund

Limited Common Property or Types of Strata Lots

See s. 6.4(3) of the Strata Property Regulation for the formula for sharing contingency reserve expenses for limited common property or types of strata lots.

Some But Not All Strata Lots

See s. 6.5(2) of the Strata Property Regulation for the formula for sharing contingency reserve expenses for some but not all strata lots.

Limited Common Property or Types of Strata Lots in Sections

See s. 11.2(3) of the Strata Property Regulation for the formula for sharing contingency reserve expenses for limited common property in sections or types of strata lots in sections.

Some But Not All Strata Lots in Sections

See s. 11.3(2) of the Strata Property Regulation for the formula for sharing contingency reserve expenses for some but not all strata lots in sections.