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EZtoFind.ca provides general educational information about BC real estate — not legal, tax, financial, or real estate advice. For your own situation, speak with the appropriate licensed professional: a BC lawyer or notary, an accountant or tax professional, a licensed mortgage broker, or a licensed REALTOR®.
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Modern Vancouver condo tower interior with city views — BC strata-lot expertise including Form B, Form F, and depreciation report review across Metro Vancouver and Fraser Valley
Specialty

Condos

Strata-lot expertise across BC — Form B, Form F, depreciation reports, contingency reserve funds, bylaw review. Metro Vancouver, Fraser Valley, and resort condos.

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Frequently Asked

About Condos

What is a Form B in a BC strata purchase?
A Form B (Information Certificate) is a mandatory disclosure under the BC Strata Property Act that lists the strata lot's monthly fees, special levies, bylaw amendments, and rental restrictions. A subject-to-review-of-Form B clause protects buyers who need to inspect strata finances before firming.
Do I need to review a depreciation report?
Every BC strata corporation of five or more units must obtain a depreciation report under Section 94 of the Strata Property Act every three years, unless waived by ¾ vote. The report projects 30-year common-property repair costs — reviewing it before purchase reveals looming special levies (e.g. roof, envelope, elevator).
Can I rent out my BC condo?
Since November 2022, the BC Strata Property Amendment Act removed most rental restrictions from strata bylaws (short-term rental restrictions and age-55+ restrictions remain lawful). Verify the current bylaws on the Form B before assuming a specific rental strategy is permitted.
How is the strata's contingency reserve fund (CRF) supposed to be funded?
Under the Strata Property Regulation, a strata corporation must contribute at least 10 % of its annual operating budget to the CRF until the CRF equals 25 % of the operating budget, then may contribute freely. A significantly underfunded CRF is a red flag for pending special levies.

Informational only — not real-estate, legal, tax, or financial advice. Verify with a BCFSA-licensed REALTOR® or the appropriate regulator before making an offer.

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