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Residential TradingStrata_propertiesBCMEDIUM

In a BC strata resale, who must provide the Form B Information Certificate, and how quickly after a request?

Correct Answer

C) The strata corporation, within one week of the request

Strata Property Act s. 59(1) requires the strata corporation to give an Information Certificate in the prescribed form within one week of a request by an owner, a purchaser or a person authorized by either. The strata may charge a fee capped by regulation and may refuse to issue it until the fee is paid.

Answer Options
A
The seller, within 14 days after the offer is accepted
B
The seller, before the offer is presented to the buyer
C
The strata corporation, within one week of the request
D
The strata corporation, within two weeks of completion

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Key Terms

Form BInformation Certificatestrata corporationone week
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