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I lied...and I'm sorry
I must apologise as in my previous video on this topic I made some assumptions around how the removal of rental restrictions would affect 55+ age restricted communities, and now that further clarification and interpretation of the Strata Property Act have come to light, I feel it is prudent to present these to you.
Today’s video should provide some further clarification around the interpretation of how the NDP’s removal of rental restrictions in strata properties will affect 55+ age restricted complexes. Keep in mind however that this is a very new legislative change that effects multiple regulatory branches, new information and interpretations may yet to come to light.
VISAO’s take on what has changed to the Strata Property Act according to 4 BC Strata Lawyers:
https://www.youtube.com/watch?app=desktop&v=SERAh1x1dsw
Province of British Columbia Website - Strata Age Restricted Bylaws:
https://www2.gov.bc.ca/gov/content/housing-tenancy/strata-housing/operating-a-strata/bylaws-and-rules/age-restriction-bylaws#exemptions
Human Rights in BC: Age Discrimination Fact Sheet:
https://www2.gov.bc.ca/assets/gov/law-crime-and-justice/human-rights/human-rights-protection/age-discrimination.pdf
#SurreyRealtor #SurreyRealEstate #BCRentalRestrictions
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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.
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