New Strata Regulations Good for Condo Buyers

BY DEB ABBEY, CONTRIBUTING WRITER

JANUARY 18, 2012

 

2012 brings long awaited reform to the Strata Property Act that will provide greater security for more than one million strata property owners in the province.

 

But the biggest beneficiaries of the new regulations will be prospective buyers. Buying a condominium is a complex process in B.C. with buyers and their real estate agents playing the role of real estate detectives trying to suss out...