Form B is the Strata Information Certificate prescribed under the Strata Property Act, SBC 1998, c. 43. It is a document the strata corporation must provide when a strata unit is being sold, containing critical information such as current strata fees, outstanding levies, the contingency reserve fund balance, current bylaws, litigation, and known defects. Buyers have a statutory right to receive Form B before completing the purchase. Verify the current prescribed form and requirements with a BC lawyer or notary before acting.

Yes. Under the Strata Property Act, SBC 1998, c. 43, the strata corporation must provide Form B when requested by an owner or prospective purchaser (typically requested by the seller or buyer's representative). The strata corporation must provide it within one week of the request (as of 2026-07-27 — verify current). Failure to provide Form B or providing inaccurate information may expose the strata corporation to liability. Verify current timelines and obligations with a BC lawyer or notary.

The strata corporation may charge a fee for preparing and providing Form B, as permitted under the Strata Property Act, SBC 1998, c. 43, and the Strata Property Regulation. The maximum fee that may be charged is set by regulation (as of 2026-07-27 — verify current). Typically, the seller requests and pays for Form B, but this may be negotiated in the Contract of Purchase and Sale. Verify the current maximum fee and who is responsible for payment in your transaction with a BC lawyer or notary.

Under the Strata Property Act, SBC 1998, c. 43, any strata fees or special levies that are outstanding and disclosed on Form B become the responsibility of the incoming owner upon completion of the purchase. The buyer should review Form B carefully and may negotiate with the seller to have outstanding amounts paid from the proceeds of sale, or adjust the purchase price accordingly. Verify the specific treatment of outstanding levies in your transaction with a BC lawyer or notary before completion.

Yes. Form B must disclose special levies that have been approved by the strata corporation, even if they have not yet been charged to owners, as required under the Strata Property Act, SBC 1998, c. 43, and the prescribed Form B template. This allows buyers to understand upcoming financial obligations before completing the purchase. Buyers should review Form B carefully and may wish to negotiate responsibility for approved special levies in the Contract of Purchase and Sale. Verify current disclosure requirements with a BC lawyer or notary.

There is no statutory expiry period for Form B under the Strata Property Act, SBC 1998, c. 43 (as of 2026-07-27 — verify current). However, because the information on Form B (such as levy amounts, litigation status, or bylaw changes) can change, best practice is to obtain a Form B as close to completion as possible, typically within 30 days (as of 2026-07-27 — verify current). Buyers and their legal counsel should confirm the information remains current at completion. Verify timing requirements with a BC lawyer or notary for your transaction.

Form B must identify the current bylaws that govern the strata corporation, as required under the Strata Property Act, SBC 1998, c. 43. The strata corporation is required to provide a copy of the bylaws and rules upon request, often at the same time as Form B or for an additional fee (as of 2026-07-27 — verify current). Buyers should review the bylaws carefully, as they govern matters such as rentals, pets, parking, and use restrictions. Verify what is included and any additional fees with the strata corporation or your BC lawyer or notary.

Form B must disclose any current or pending litigation involving the strata corporation, as required under the Strata Property Act, SBC 1998, c. 43. This includes lawsuits the strata corporation has commenced or that have been commenced against the strata corporation, as well as any known threatened litigation (as of 2026-07-27 — verify current). Buyers should assess the potential financial impact of disclosed litigation and may wish to consult a BC lawyer before completing the purchase. Verify the specific litigation disclosure requirements with a BC lawyer or notary.

Yes. Form B must disclose any known defects that would require a special levy or significantly affect the use or enjoyment of common property or common assets, as required under the Strata Property Act, SBC 1998, c. 43. This includes building envelope issues, water ingress, structural problems, or other material defects known to the strata council. Buyers should review these disclosures carefully and may wish to commission an independent building inspection or consult a BC lawyer before completion. Verify current disclosure obligations with a BC lawyer or notary.

This depends on the specific terms of the Contract of Purchase and Sale. Many contracts include a subject clause (condition precedent) that allows the buyer to review and approve Form B within a specified time period (as of 2026-07-27 — verify current). If the buyer is not satisfied with the information disclosed on Form B (for example, undisclosed levies or litigation), and a subject clause exists, the buyer may have the right to remove themselves from the contract. Verify your specific contract terms and remedies with a BC lawyer or notary before acting.