Sentences with phrase «termination of strata»
After the effective date of the termination of a strata management service agreement, the brokerage must promptly transfer control of the strata corporation's money to the strata corporation or, if the strata corporation engages another brokerage to provide strata management services, to the other brokerage.
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(9) After the termination of a strata management service agreement, the brokerage must promptly transfer control of the strata corporation's money to the strata corporation or, if the strata corporation engages another brokerage to provide strata management services, to the other brokerage.
Rule of Law Amendments to Strata Property Act Facilitating Termination of Strata Corporations in Effect
Not exact matches
The Strata Property Act used to require the consent of all of the owners to terminate a strata corporation (although the court could allow termination with less than unanimous consent in some circumstaStrata Property Act used to require the consent of all of the owners to terminate a strata corporation (although the court could allow termination with less than unanimous consent in some circumstastrata corporation (although the court could allow termination with less than unanimous consent in some circumstances).
(4) The strata corporation must retain the written contracts, including insurance policies, referred to in section 35 (2)(g) of the Act, for at least 6 years after the termination or expiration of the contract or policy.
(10) Despite subsection (9), the brokerage may retain sufficient funds to pay outstanding and anticipated invoices related to expenses incurred on behalf of the strata corporation before the termination of the service agreement.
The brokerage may retain sufficient funds to pay outstanding and anticipated invoices related to expenses incurred on behalf of the strata corporation before the termination of the service agreement.
One of the BCLI's key recommendations is to lower the voting threshold for BC Law Institute Releases Consultation Paper on Terminating a Strata Institute Seeks Feedback on Recommendations authorizing termination.