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Scotsman · 11-25-2022, 12:54 PM

Well that was fast...

CHOA = Condominium Home Owner's Association of BC

https://choa.bc.ca/whats-happening/

You can find their news release on the Nov 25 link.

With the passing of BILL 44 –Building and Strata Statutes Amendment Act, 2022 strata
corporations across BC will no longer be able to enforce bylaws that prohibit or restrict rentals. Effectively
immediately, all rental bylaws are no longer enforceable.

Only age restriction bylaws of 55 and over that apply to occupancy are now enforceable with a
requirement to accommodate live in care givers or support persons.

This will be interesting to watch how this takes shape with investors now wanting to buy those previously undesirable no-rental strata units.

You'll have some no-rental strata owners finally able to rent their place out (intent of this new bill).

Then you have some no-rental strata owners' greatest fears come true, to share space with renters and to have investor owners who won't want to vote for strata upkeep.

11-25-2022, 12:54 PM	#24080
Scotsman What hasn't Killed me, has made me more tolerant of RS! Join Date: Feb 2002 Location: Burnaby Posts: 179 Thanked 39 Times in 18 Posts Failed 0 Times in 0 Posts	Well that was fast... CHOA = Condominium Home Owner's Association of BC https://choa.bc.ca/whats-happening/ You can find their news release on the Nov 25 link. With the passing of BILL 44 –Building and Strata Statutes Amendment Act, 2022 strata corporations across BC will no longer be able to enforce bylaws that prohibit or restrict rentals. Effectively immediately, all rental bylaws are no longer enforceable. Only age restriction bylaws of 55 and over that apply to occupancy are now enforceable with a requirement to accommodate live in care givers or support persons. This will be interesting to watch how this takes shape with investors now wanting to buy those previously undesirable no-rental strata units. You'll have some no-rental strata owners finally able to rent their place out (intent of this new bill). Then you have some no-rental strata owners' greatest fears come true, to share space with renters and to have investor owners who won't want to vote for strata upkeep.