A closer look at the Report on Governance Issues for Stratas: Should the Strata Property Act provide strata corporations with a limitation period that is longer than the basic limitation period of two years in which to enforce claims for money owing from a strata-lot owner to the strata corporation?

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 British Columbia’s limitation law was recently overhauled, with a new Limitation Act coming into force on 1 June 2013. The effect of this change for strata corporations was explained in commentary from a leading practice guide: On June 1, 2013, the Limitation Act, S.B.C. Read more

A closer look at the Report on Insurance Issues for Stratas: Should the Strata Property Act require strata corporations to obtain directors-and-officers insurance?

This post is part of a series highlighting key recommendations in the Report on Insurance Issues for Stratas. For other entries in the series, click here. Brief description of the issue In the strata-property field, directors-and-officers insurance is “[i]nsurance that provides coverage for members of [strata councils] against ‘wrongful acts,’ which might include actual or alleged errors, omissions, misleading statements, and neglect or breach of duty on the part of the [strata council].” Commentators have Read more

A closer look at the Report on Governance Issues for Stratas: Should the order of agenda items for annual and special general meetings be amended?

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 Section 28 of the Schedule of Standard Bylaws provides that the “order of business at annual and special general meetings” of the strata corporation must be as follows: certify proxies and corporate representatives and issue voting cards; determine that there is a quorum; elect Read more

Pierre-Luc Chénier joins the Pension Division Review Project Committee

BCLI is pleased to announce that the Pension Division Review Project Committee has a new member. Pierre-Luc Chénier is assistant director of policy at the BC Pension Corporation. Pierre-Luc leads a team of analysts charged with advising the British Columbia public-sector pension plans and corporate clients on legislative compliance matters, and ensures proper liaison with external stakeholders (including regulators, legal counsels, actuaries, employers, etc.) on such matters. Pierre-Luc has a master’s degree in political science Read more

BCLI calls for reforms to the Strata Property Act’s insurance provisions

The British Columbia Law Institute’s Strata Property Law Project Committee is recommending amendments to the Strata Property Act, the Strata Property Regulation, and the Schedule of Standard Bylaws to enhance the legal framework that governs insurance in a strata property. Insurance is a concern for all homeowners. It is no less important for people whose homes are located within a strata property. But insurance generates some complex legal issues within strata properties that don’t arise Read more