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