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Market Updates

During the process of buying or selling a home, countless questions are bound to surface regardless of how "seasoned" you are in Real Estate.  Some questions are easily answered, however others may require a bit of research and study.   I understand how difficult it can be to sift through the mountain of information out there in order to find answers that are relevant and meaningful to you.  

As a firm believer in "knowledge is power," I do my best to educate and inform my Buyers and Sellers about the current market conditions and the process involved once you have made the decision to move.     

If you would like to receive regular Market Updates or newsletters please contact me at dodi.t@shaw.ca or call me at 604-644-3634

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This great recap from the Real Estate Board of Greater Vancouver outlines the rules:

 

An age restriction bylaw is strata corporation bylaw requiring some or all of residents of a strata unit to be over a certain age. 'A strata corporation may adopt an age restriction bylaw and enforce it,' said real estate lawyer Mike Mangan. The bylaw must meet the requirements of the Strata Property Act and the Human Rights Code and other provincial and federal legislation and regulations. 

Human Rights Code

The Human Rights Code prohibits discrimination unless the activity is exempted.

The Code does not apply to an age restriction if a statute specifically permits a distinction based on age.

The Strata Property Act

The Strata Property Act s. 123 (1.1) permits this distinction:
     'Without limiting a strata corporation's power to pass any other bylaws, a strata corporation may pass a bylaw that restricts
      the age of persons who may reside in a strata lot.'

What does this mean?

'So long as an age restriction bylaw otherwise meets the requirements for enforceability, the strata corporation may enforce its age restriction bylaw against every resident equally, regardless (of) whether the person is an owner or a tenant,' said Mangan.

Exceptions – phased strata developments

There is an exception in some phased strata developments, explains Mangan.

A phased strata plan involves the development of strata lots on one or more separate parcels of land in two or more phases.

'If certain conditions exist in a phased development, the strata corporation may not make, modify or repeal a bylaw to restrict the age of occupants, unless particular requirements are met,' said Mangan.

If the developer in a phased development complies with the dates in the Phased Strata Plan Declaration or in an amended Declaration, for the beginning of construction of each phase, the regulations state that the strata corporation may not create, change or repeal any bylaws dealing with 'the age of the occupants' until one of the following occurs:

     • the annual general meeting is held following the deposit of the final phase 
     • in accordance with the Strata Property Act, the developer elects not to proceed with the next phase 
     • The Supreme Court of British Columbia declares that the developer is deemed to have elected not to proceed
     • the strata corporation obtains the written consent of the developer.

 

If you have questions about age restriction bylaws, contact your don't hesitate to call us 604.644.3634

 

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dodi.t@shaw.ca

RE/MAX Dodi Thorhaug Realty
#101-2609 Westview Drive North Vancouver, BC V7N 4M2 Canada

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