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A closer look at the Report on Governance Issues for Stratas: If a court or the Civil Resolution Tribunal finds that a charge back for an insurance deductible or expenses incurred due to damage which are less than an insurance deductible is valid, then should the Strata Property Act enable a strata corporation to register a lien on an owner’s strata lot for amounts owing with respect that charge back?
This post is the part of a series highlighting key recommendations in the Report on Governance Issues for Stratas. For other entries in the series, click here. Brief description of the issue This issue for reform represents an attempt to respond to enforcement concerns by giving a limited expansion of the range of the strata corporation’s lien. Would such an expansion be acceptable if it were limited to charge backs approved by a court or Read more…