1
Q
Changing or creating strata bylaws
How many votes are needed?
A
3/4 must agree
2
Q
What is the difference between condo owners and co-op owners?
A
Condos = owns property – pays maintenance fee
Co-op = own share – takes turns for maintenance
3
Q
What is the difference between a form B and a form F?
A
Form B = information certificate
Form = certificate of payment
4
Q
Duties of strata council
A
Operating
Expense
Account
Contingency
Reserve
Fund account
Property Management
flashcards
Decks in class (20)
# Cards
-
Chapter 1 - Fundamentals Of Law3
-
Chapter 2 – The Real Estate Services Act2
-
Chapter 3 – Interest In Land13
-
Chapter 4 Title Registration4
-
Chapter 5 – Liability6
-
Chapter 6 – Tenancy8
-
Chapter 7 – Strata Properties4
-
Chapter 8 – Financial Statements11
-
Chapter 9 – Professional Ethics2
-
Chapter 10 – Law Of Contract2
-
Chapter 12 - Law Of Agency3
-
Chapter 18 – Local Government Law7
-
Chapter 19 – Taxes On Real Property8
-
Chapter 20 – Building Design and Construction13
-
Chapter 21 – Introduction to Real Estate Appraisal4
-
Chapter 21 – The Appraisal Process2
-
Budgeting1
-
Effective Negotiation2
-
Control Or Maintenance Include Energy Conservation2
-
Security and Risk0
