One month to go on consultation for insurance issues for stratas
15 November 2018
By Kevin Zakreski
There’s one month left for you to let BCLI know your views on insurance issues for stratas. The consultation on this topic is set to close on 12:00 midnight, Saturday, 15 December 2018.
BCLI is running a public consultation based on its Consultation Paper on Insurance Issues for Stratas. The consultation paper contains 10 tentative recommendations for reform, which address issues such as expanding the legislative mandate on strata corporations to purchase insurance and expressly allowing a strata corporation to decide to charge back to an owner an amount paid for an insurance deductible, if the owner is responsible for the loss or damage that gave rise to the claim that resulted in payment of the deductible.
The consultation paper also has one more open-ended question for discussion, concerning whether British Columbia should adopt the standard-unit concept, which is a feature of the law in other provinces.
To date, BCLI has received 67 responses to the consultation. Responses will help the Strata Property Law Project Committee to form its final recommendations on the issues for reform identified in the consultation paper.
The consultation paper, a response booklet, a backgrounder, and a link to our survey are all available on the project webpage.