Real Estate Council Backs Down on Strata Docs
Vindication! After starting a letter campaign last year, talking to the Strata compliance officer and receiving a phone call from the Real Estate Council VP, the RECBC admits that they have no authority to restrict Strata Lot owners from posting or instructing their Realtor to post Strata minutes online! (see Report from Council Dec 2010. p3) In an about face move, the council sheepishly and opaquely confirmed that a standard signed listing contract gives a trading licensee - the right to post documents online for that property. The report infers, correctly, that the ONLY body with the right to restrict how an owner distributes Strata minutes is an individual Strata Corporation and even then, only within the limits of the Strata Act. Gotta keep an eye on those regulators who think they can invent legislation on the side. - By Vancouver Realtor, Sam Wyatt