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Strata & Condo

Strata Corporation

What is Strata Corporation in British Columbia?

As of Official source: BC Government Strata Housing · BC Government Strata Housing
Doug LeMaire, REALTOR®
Published by
Doug LeMaire, REALTOR®
Fraser Property Management Realty Services Ltd. · · Fraser Property Management Realty Services Ltd.
🤖 AI-assisted content · Last reviewed by Doug LeMaire, REALTOR® on August 29, 2026
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Key Points

  • What is a strata corporation in British Columbia?
  • Who governs and manages a strata corporation?
  • What are strata fees and what do they cover?
  • Is the strata corporation required to carry property insurance?
  • What is the contingency reserve fund (CRF) and how much must be contributed?

A strata corporation is the legal entity that comes into existence when land is subdivided into individually owned strata lots and shared common property under the Strata Property Act (SPA), SBC 1998, c. 43. The SPA governs the creation, operation, and dissolution of strata corporations in British Columbia, covering residential forms such as condominiums and townhouses, among others. Each strata corporation is administered by a strata council composed of elected owner-members, as provided under the SPA. Owners are required to pay strata fees to fund shared expenses including building insurance, maintenance, and contributions to a contingency reserve fund; verify current fee structures and reserve fund requirements with a BC lawyer or notary.

General information only — not legal, financial, tax, or real-estate advice. For your situation consult a licensed BC REALTOR®, lawyer, notary, or accountant.

Verify with official BC source
Source: King's Printer of British Columbia (BC Laws). Unofficial consolidation. · Retrieved 2026-09-20

Frequently Asked Questions

What is a strata corporation in British Columbia?

Under the Strata Property Act, SBC 1998, c. 43, a strata corporation is the legal entity automatically created when a strata plan is deposited at the Land Title Office, dividing a building or development into individually owned strata lots and shared common property. The strata corporation holds legal title to common property and common assets on behalf of all owners. Every strata lot owner is automatically a member of the strata corporation.

Who governs and manages a strata corporation?

Under the Strata Property Act, the strata corporation is governed by an elected strata council, which is composed of owners (or their authorized representatives) elected at the annual general meeting. The strata council carries out the duties and powers of the strata corporation, including enforcing bylaws, managing finances, and arranging maintenance and insurance. Verify current governance details for your strata with a BC lawyer or notary before acting.

What are strata fees and what do they cover?

Strata fees (also called strata contributions) are monthly payments levied by the strata corporation under the Strata Property Act to fund the operating fund and the contingency reserve fund (CRF). The operating fund covers day-to-day expenses such as insurance, utilities, maintenance, and management fees, while the CRF is for major repairs and depreciation. The amount of each owner's contribution is typically based on the unit entitlement of their strata lot.

Is the strata corporation required to carry property insurance?

Yes. Under section 149 of the Strata Property Act, a strata corporation must obtain and maintain property insurance on common property, common assets, buildings shown on the strata plan, and fixtures built or installed on a strata lot as part of the original construction. The policy must insure against major perils and be for full replacement value. Verify current coverage requirements and exclusions with the strata's insurer or a BC insurance professional before relying on this information.

What is the contingency reserve fund (CRF) and how much must be contributed?

Under section 92 of the Strata Property Act, the strata corporation must establish a contingency reserve fund for common expenses that usually occur less often than once a year or are for unusual or extraordinary purposes. The strata must contribute to the CRF each fiscal year at least 10% (as of 2026-07-27 — verify current) of the total contribution to the operating fund for that year, unless an exemption or different percentage is approved by a three-quarters vote at a general meeting. The CRF may only be used for purposes approved under the Act or by a three-quarters vote.

Can a strata corporation levy a special levy on owners?

Yes. Under section 108 of the Strata Property Act, a strata corporation may approve a special levy by a three-quarters vote at a general meeting to raise funds for expenses not sufficiently covered by the operating fund or contingency reserve fund. Special levies are apportioned among owners according to unit entitlement unless the bylaws or a unanimous vote provide otherwise. Verify the specific levy resolution and your obligation with the strata council or a BC lawyer before acting.

What are strata bylaws and how are they changed?

Strata bylaws are the rules that govern the use, safety, and administration of strata lots and common property, and the conduct of owners, tenants, and visitors, as provided under the Strata Property Act. Every strata corporation starts with the Standard Bylaws under the Strata Property Regulation unless amended. Bylaws may be created, amended, or repealed by a three-quarters vote at a general meeting, and amendments must be filed at the Land Title Office to become enforceable.

Can a strata corporation restrict or prohibit rentals?

Yes, subject to limits. Under sections 141 and 143 of the Strata Property Act, a strata corporation may pass a bylaw to prohibit or restrict the rental of strata lots by a three-quarters vote at a general meeting. However, the bylaw cannot prohibit an owner who rented their strata lot before the bylaw was passed from continuing to rent (the "grandfather" or "hardship" exemption applies in certain cases). Verify current rental restriction bylaws and exemptions for a specific strata with a BC lawyer or notary before acting.

What happens if an owner does not pay strata fees?

Under section 116 of the Strata Property Act, if an owner fails to pay a strata fee or other amount owed to the strata corporation, the strata may register a lien (called a Certificate of Lien) against the owner's strata lot title at the Land Title Office. The lien is a charge on the strata lot and the strata corporation may apply to the Supreme Court of British Columbia to enforce the lien by court order or, in some cases, by sale of the strata lot. Verify enforcement procedures and timelines with a BC lawyer before acting.

Does a strata corporation have to hold annual general meetings?

Yes. Under section 40 of the Strata Property Act, a strata corporation must hold an annual general meeting (AGM) at least once each calendar year and not more than 15 months after the last AGM. At the AGM, owners elect the strata council, approve the annual budget, review financial statements, and vote on bylaw amendments or other resolutions. The strata council must give owners written notice of the AGM at least two weeks in advance, unless the bylaws require longer notice.

Authoritative Sources

Verify the specific statutory language, thresholds, deadlines and current guidance directly with the governing authority:

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Doug LeMaire, REALTOR® · Fraser Property Management Realty Services Ltd. · BCFSA #167790
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