Owners of a BC strata with 60 strata lots want to wind up the strata with a liquidator and sell the land to a developer. Under the Strata Property Act, what is required?
Correct Answer
B) An 80% vote resolution, confirmed by the Supreme Court
Strata Property Act s. 277 requires a resolution to cancel the strata plan and appoint a liquidator passed by an 80% vote. For a strata plan with 5 or more lots, s. 278.1 requires the strata to apply to the Supreme Court for an order confirming the resolution.
Why This Is the Correct Answer
Section 277 sets the 80% threshold, and s. 278.1 requires court confirmation for strata plans of 5 or more lots.
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A Toronto condominium owner tells the board she will stop paying her common expenses because she never uses the gym and has a water-damage claim against the corporation. Under the Condominium Act, 1998, what is her position?