In Alberta, a special resolution of a condominium corporation, such as one directing a transfer of part of the common property, must be supported by owners representing at least what share of the total unit factors?
Correct Answer
C) 75% of unit factors
Section 1(1)(x) of the Condominium Property Act defines a special resolution as one passed by not less than 75% of all persons entitled to vote who represent not less than 75% of the total unit factors, or agreed to in writing by the same thresholds. Transferring or leasing common property requires such a resolution under s. 49(1). The minimum unit-factor share is therefore 75%, alongside the separate 75%-of-persons limb.
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