Strata Tip of the Week: Information Certificate (Form B) Modifications (as of April 1, 2023)
A buyer is entitled to get a current and complete Form B: Information Certificate under the Strata Property Act. This document, which the strata company or the strata manager has issued on the strata's behalf, provides the following information:
a few details on the strata corporation in its entirety, and
a few details that are particular to the strata lot.
Strata companies, and by extension their strata managers, are required to utilise the most recent version of the Form B when delivering one to a prospective buyer or a real estate licensee.
For information on why we advise the Form B, see our prior email titled "Make Sure the From B: Information Certificate is Current."