79 Disposal Of Land Held In Strata Corporation’s Name

In This Volume

79 To sell, lease, mortgage, grant an easement over, grant a restrictive covenant affecting or otherwise dispose of land that is a common asset, the strata corporation must proceed as follows:

(a) a resolution approving the disposition must be passed by a 3/4 vote at an annual or special general meeting;
(b) any document needed to effect the disposition must be executed by the strata corporation and delivered to the land title office accompanied by a Certificate of Strata Corporation in the prescribed form, stating that the resolution referred to in paragraph (a) has been passed and that the document conforms to the resolution.

1998-43-79, effective July 1, 2000 (B.C. Reg. 43/2000).

REGULATIONS AND FORMS

Certificate of Strata Corporation, Form E: Section 79(b)

The Strata Property Regulation, B.C. Reg. 43/2000, at chapter 58 (Strata Property Regulations), prescribes Form E, Certificate of Strata Corporation, for the purpose of s. 79(b) of the Act. Form E is included at chapter 59 (Strata Property Forms).

Submissions

The Form E must be attached to the instrument disposing of land held in the strata corporation’s name. To attach the Form E to the instrument, use the Strata Property Act Filing form, select Form E, Certificate of Strata Corporation, and attach an image of the original Form E, or use the Declaration form, describe the Form E and attach an image of the original Form E.