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Under the Strata Property Act, the general rule for a strata corporation is that every strata lot must contribute to the operating fund, the contingency reserve fund (“CRF”), or to a special levy, as the case may be, according to the schedule of unit entitlement.[2] In other words, all of the owners must contribute to common expenses according to unit entitlement. As one judge observed:[3]
The general rule under the SPA [Strata Property Act] is that within a strata corporation, “you are all in it together.”
The Act describes ...(click to read more)
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