Because of COVID-19, condominiums appear to be operating in a grey area where they will soon be required to hold AGMs, but the method by which they are to do so is uncertain.
Kunzler v The Owners, Strata Plan EPS 1433, 2020 BCSC 576 (“Kunzler”) is an notable recent case from British Columbia which addresses the ability of a strata corporation to pass bylaws preventing or regulating certain types of businesses and activities on its grounds.
On June 3, 2020, major changes were announced to the Real Estate Act, the legislation that governs realtors, mortgage brokers, appraisers, and property managers in Alberta.
The COVID-19 crisis is an unprecedented situation and will require condominiums to consider new and different measures to ensure the financial security of the condominium is to be maintained, while simultaneously accounting for the needs of their owners.
In a written decision published February 27, 2020, Justice Belzil confirmed that Condominium Bylaws, if properly drafted, can prohibit short-term rentals.
