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Licensing of Strata Managers Underway in British Columbia

Strata managers in British Columbia continue to have queries about the mandatory licencing scheme that came into effect in that province on January 1, 2006.  Under the new scheme, the Real Estate Council of British Columbia now requires all strata managers be licenced and insured under the Real Estate Services Act. On January 1, 2006, all strata managers were effectively granted temporary licences that expire on January 1, 2007 to allow them to complete the educational requirements and pay the prescribed licencing and insurance fees now required. Strata managers that operate self-managed buildings are exempt from the new licencing requirements but only if a condominium owner within the complex in question is providing the management services. Additional information from the Real Estate Council can be obtained here.     (posted by Christine Mingie)

March 24, 2006 in Condominiums | Permalink

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