Strata Property Update 2013


Course Date: April 18, 2013

Total: 6h 33min

Welcome and Introduction to “The Paradise Park AGM”

  • review of Meeting Package

Procedural Meeting Matters

  • voting and eligibility to vote
  • proxies
  • sign-ins
  • approval of the agenda

Matthew D. Fischer — Fischer and Company, Kelowna
Adrienne M. Murray — Adrienne Murray Law Corporation, White Rock
Patrick A. Williams — Clark Wilson LLP, Vancouver

Insurance Report

  • responsibility of strata corporation
  • deductibles
  • owner's obligation to insure
  • case law update

G. Stephen Hamilton — Hammerberg Lawyers LLP, Vancouver

Networking Break

Chairperson's Report: Real Estate Services Act

  • application of Real Estate Services Act to management of sections
  • need for separate contracts
  • trust accounts

Adrienne M. Murray — Adrienne Murray Law Corporation, White Rock

Networking Lunch

Depreciation Reports

  • content—what goes into your contract?
  • waivers
  • funding of the report

David Albrice — Principal, Building Asset Management Specialist, RDH Building Engineering Limited, Vancouver

Sections/Budgets

  • budget content: excluded and included expenses
  • approval process
  • who collects the funds?

Veronica P. Franco — Clark Wilson LLP, Vancouver
Paul G. Mendes — Lesperance Mendes, Vancouver

Ethics

  • who is your client?—getting instructions from the proper party
  • strata corporation/management council—who has the ability to retain you?
  • acting for sections and the strata corporation—is there a problem?

Matthew D. Fischer — Fischer and Company, Kelowna
Veronica P. Franco — Clark Wilson LLP, Vancouver
G. Stephen Hamilton — Hammerberg Lawyers LLP, Vancouver
Paul G. Mendes — Lesperance Mendes, Vancouver

Networking Break

Loans

  • form of security required by lenders
  • owner approvals required
  • what if not all owners want to participate?
  • can a section borrow?

L. Michael Walker — Miller Thomson LLP, Vancouver

Bylaws

  • rental restriction bylaw—short term accommodation rentals
  • no smoking bylaw
  • no grow-op bylaw

Jennifer Neville — Hammerberg Lawyers LLP, Vancouver

Limitation Act and Collections

  • application to collection of arrears
  • challenges of the Milligan decision

Matthew D. Fischer — Fischer and Company, Kelowna

Questions and Discussion