Land Title Practice Manual

99 Calculating Strata Fees

In This Volume

99 (1) Subject to section 100, owners must contribute to the strata corporation their strata lots’ shares of the total contributions budgeted for the operating fund and contingency reserve fund by means of strata fees calculated in accordance with this section and the regulations.

  • (2) Subject to the regulations, the strata fees for a strata lot’s share of the contribution to the operating fund and contingency reserve fund are calculated as follows:
         
  unit entitlement of strata lot x total contribution  
  total unit entitlement of all strata lots      

1998-43-99, effective July 1, 2000 (B.C. Reg. 43/2000).

REGULATIONS

The Strata Property Regulation, B.C. Reg. 43/2000, is included at chapter 58 (Strata Property Regulations).

Budget Allocations to Strata Lots in Sections under the Condominium Act

See s. 17.13 of the Strata Property Regulation regarding transitional provisions for the apportionment of common expenses to one or more types of strata lots under a budget prepared in accordance with s. 128(2) of the Condominium Act.

Operating Expenses

Limited Common Property: Section 99(2)

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: Section 99(2)

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.