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Real Property LawBCMEDIUM

Under the Strata Property Act, which body is responsible for managing the day-to-day affairs of a strata corporation?

Correct Answer

B) The strata council elected by strata lot owners

The Strata Property Act provides that a strata council, elected by the owners of strata lots at an annual general meeting, manages the strata corporation's day-to-day affairs. The council enforces bylaws, oversees maintenance of common property, and manages the contingency reserve fund.

Answer Options
A
The Land Title Office
B
The strata council elected by strata lot owners
C
The BC Financial Services Authority
D
The municipal planning department

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Key Terms

strata councilStrata Property Actstrata corporationgovernanceannual general meeting
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