Do owners in a strata corporation require licensing, or can a strata corporation be self-managed without licensing?
Strata corporations may self-manage without being licensed. This self-management may be undertaken by strata lot owners within the strata corporation. Sections 2.1 and 2.18 of the Real Estate Services Regulation provide for exemptions from licensing for employees of the strata corporation, and for caretakers/managers employed by the strata corporation, respectively. The details of these exemption sections may be reviewed by viewing the Real Estate Services Regulation.
Related Questions
- May a strata corporation require an owner to reside in a strata lot for one year (or another period of time) before being allowed to rent the owner’s strata lot?
- May a strata corporation change a common property roof with access for all to a private access roof for some strata lot owners?
- Do owners in a strata corporation require licensing, or can a strata corporation be self-managed without licensing?