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BC’s strata landscape is changing fast — and many of the updates from the past couple of years are easy to miss unless you’re deep in the fine print.
Here are eight key changes every Strata Manager and Strata Council should know about closing 2025.
Strata corporations with five or more lots must complete an Electrical Planning Report, detailing electrical capacity, upgrade needs, and EV-readiness — by set deadlines:
Boards must start budgeting now for electrical assessments and infrastructure upgrades. Strata managers will face increased planning and contractor coordination workloads.
Action Tip: Book an electrical assessment early and factor the cost into your next budget cycle.
Strata corporations may now hold electronic or hybrid AGMs and SGMs without first passing an enabling bylaw, provided proper notice and participation conditions are met.
Simplifies governance and reduces procedural risk for remote participation, especially useful for larger or geographically dispersed stratas.
This streamlines governance and encourages owner participation across BC.
Action Tip: Review your notice and voting templates to reflect the new standard.
Waivers expire after 18 months unless renewed, and you must use qualified professionals from July 2025 onward.
Lenders and insurers increasingly require up-to-date reports. Managers must track deadlines and use qualified consultants to avoid exposure.
Action Tip: Schedule your next report with certified providers to avoid funding and insurance complications.
Replacement-cost accuracy is under scrutiny. Outdated appraisals can invalidate coverage.
Stratas are encouraged to use qualified appraisers for replacement-cost values. Many insurers now require recent appraisals for full coverage and coinsurance compliance.
Inaccurate values can void coverage and trigger special levies. Strata managers must review appraisal frequency (typically every 3 years).
Action Tip: Ensure property appraisals are no older than three years.
Personal-use terminations and renovictions face stricter rules and online filing requirements.
Strata and rental managers must update forms, procedures, and owner advisory templates to comply and avoid RTB penalties.
Action Tip: Update your tenancy process checklist and train staff on the RTB portal.
For 2025, the maximum increase is ~3.5 %, and manufactured home parks follow their own reset formula.
Managers must forecast revenue and expenses under caps below inflation and update communication with park owners.
Action Tip: Adjust financial forecasts to reflect lower revenue growth and communicate early with owners.
The REALTORS® Indemnity Plan’s $2 M limit includes defence costs. Large claims can exhaust coverage fast.
Supplementary private coverage for high-risk brokerages or large portfolios is encouraged.
With increasing regulatory complaints and complex files, a single claim can erode the entire limit. Managing brokers should review coverage annually.
Action Tip: Consider supplemental E&O coverage for multi-site or commercial portfolios.
BCFSA has expanded enforcement powers and can impose training requirements or licence conditions.
Brokerages and managers must strengthen compliance programs and document SOPs to avoid financial penalties or licence conditions.
Action Tip: Audit your compliance practices and document all council and client communications.
The regulatory pace in BC’s strata sector is accelerating. For strata and property management professionals, these changes aren’t just legal footnotes — they affect everyday operations, budgets, and risk management.
Staying ahead of them is part of what sets the best firms apart.