In British Columbia, a special levy is a one-time fee that strata owners are required to pay to cover expenses beyond the routine strata fees. Special levies typically arise when major repairs, upgrades, or unforeseen expenses occur that the strata's contingency reserve fund (CRF) can’t fully cover. Common examples include roof replacement, elevator upgrades, major plumbing work, or significant exterior repairs.



Understanding Special Levies in a BC Strata


When Special Levies Are Issued: These are proposed when the strata council identifies a need for a major project, especially if it can’t be funded with existing reserves. The decision requires a vote among owners, with a 3/4 majority needed for approval. If approved, each owner must pay a proportionate share based on their strata lot’s unit entitlement.



Amount and Payment of Special Levies: The levy amount is determined by the project's estimated cost. The council may collect this in a . ...

Strata fees, also known as strata maintenance fees or condo fees, are regular payments made by owners of units within a strata development in British Columbia, Canada. These fees are essential for covering the costs associated with the maintenance and management of the common property and shared services in the strata corporation.
How Strata Fees Work:

Calculation and Collection:
Strata fees are typically calculated based on the unit entitlement of each strata lot relative to the total unit entitlement of all the lots in the strata corporation. Unit entitlement is often proportional to the size or value of each unit.

Fees are usually collected monthly and are determined by the strata council’s annual budget, which estimates the total cost of upkeep and services for the common areas.
What They Cover:
Strata fees are typically calculated based on the unit entitlement of each strata lot relative to the total unit entitlement of all the lots in the strata corporation. Unit ...