WHAT IS A FORM B?
A Form B is the strata corporation’s information certificate. The required contents of this form are set out in the Regulations of the Strata Property Act. Required information includes:
- The monthly strata fees
- Any arrears of strata fees
- Any alteration agreements affecting the strata lot
- Any upcoming special levies
- Bylaw amendments that have not yet have been registered
- ¾ vote resolutions for which notice has been given but not yet voted upon
- A copy of the strata corporation’s depreciation report, if any
- The number of strata lots that are rented
- A number of other items.
If you are a council member, you should never sign a Form B. These should always be done by the property manager.
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