April 24, 2019
A closer look at the Report on Insurance Issues for Stratas: Should the Strata Property Act expressly assign responsibility for an insurance deductible to a responsible owner?
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 The Strata Property Act’s provisions on insurance deductibles have created uncertainty and litigation. In part, this is the natural result Read more…
April 10, 2019
A closer look at the Report on Insurance Issues for Stratas: Should the definition of “major perils” in the Strata Property Regulation be amended to include earthquakes?
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 The legislative mandate to insure property requires a strata corporation to “insure against major perils, as set out in the Read more…
April 3, 2019
Two new reports the highlight of the first quarter of 2019 for the Strata Property Law Project
2019 got off to a busy start for the Strata Property Law Project—Phase Two. January saw the publication of the Report on Governance Issues for Stratas. In March a second report was published, the Report on Insurance Issues for Stratas. Between these two publications, the project’s last public consultation, on Read more…
April 2, 2019
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. Read more…
March 27, 2019
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,’ Read more…