55+ Stratas and BC's Removal of Rental Restrictions

Is your strata considering becoming a 55+ community in an effort to by-pass via bylaw, the NDP's recent legislation that removes rental restrictions in strata owned properties in the province of British Columbia? If this is your complex, your strata council will want to consider seeking legal advice to establish clear interpretation of the law.

Steve Karrasch is a Surrey BC REALTOR® with Macdonald Realty and posts real estate related educational content each week on his YouTube Channel.

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The opinions expressed herein are solely that of Steve Karrasch PREC and not Macdonald Realty or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.