If a strata corporation passes a bylaw restricting rentals of residential strata lots under the Strata Property Act, the date the rental restriction applies to each strata lot may vary from one strata lot to another. The application of the rental restriction bylaw may be affected if the developer filed a Rental Disclosure Statement that designates an owner’s strata lot for rental, or by a provision of the Act that delays the application of a rental restriction bylaw or otherwise exempts the owner from the bylaw.[16] Determining when a rental restriction bylaw applies to a strata lot can be a complicated process under the Strata Property Act.

If there is a Rental Disclosure Statement that designates an owner’s strata lot for rental, the statement may permit the owner to rent the strata lot, despite any bylaw restricting rentals.

To determine if ...(click to read more)

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