An owner, purchaser or person authorized by the owner or purchaser may request a Form B. The strata corporation is required to provide the Form B: Information Certificate within 7 days of a request.
The following information with respect to the strata corporation and the strata lot must be disclosed and be current to the date on the Form B:
The following documents must be attached to the Form B:
- agreements under which the owner has taken responsibility for expenses relating to alterations to a strata lot, common property or common assets
- resolutions requiring a 3/4 or unanimous vote not yet voted on, or approved but not yet filed with the Land Title Office
- resolutions to amend the bylaws that have not yet been voted on, or bylaw amendments that are approved but not yet filed with the Land Title Office
- details of proceedings for court, arbitration or tribunals or orders or judgements involving the strata corporation
- outstanding notices or work orders for the strata lot, common property or common assets
INFORMATION DISCLOSED - What will you find in the Form B.
The following information with respect to the strata corporation and the strata lot must be disclosed and be current to the date on the Form B:
- the monthly strata fees payable by the owner
- any amount that the owner owes the strata corporation (other than an amount paid into court or to the strata corporation in trust)
- any agreements by which the owner takes responsibility for expenses relating to alterations to a strata lot, the common property or the common assets
- any amount that the owner is obligated to pay in the future for a special levy that has already been approved and the date by which the payment is to be made
- any amount by which the expenses of the strata corporation for the current fiscal year are expected to exceed the expenses budgeted for the fiscal year;
- the amount in the contingency reserve fund (CRF) minus any expenditures that have already been approved but not yet taken from the fund
- any amendments to the bylaws that are not yet filed in the Land Title Office;
- any resolution passed by a 3/4 vote or a unanimous vote that is required to be filed in the Land Title Office but that has not yet been filed in that office
- any wind up (termination) resolution that has been passed
- any notice that has been given for a resolution that has not been voted on, if the resolution requires a 3/4 vote, 80% vote or unanimous vote or deals with an amendment to the bylaws
- confirmation of any court proceeding, arbitration or tribunal proceeding, in which the strata corporation is a party and any judgments or orders against the strata corporation
- any notices or work orders received by the strata corporation that remain outstanding for the strata lot, the common property or the common assets
- the number of strata lots in the strata plan that are rented
- any details about any parking stalls and storage lockers allocated to the strata lot and their numbers
DOCUMENTS TO BE ATTACHED
The following documents must be attached to the Form B:
- the rules of the strata corporation
- the current budget of the strata corporation
- the "Form J: the Rental Disclosure Statement" if one was filed for the strata lot
- the most recent depreciation report, if any
- agreements under which the owner has taken responsibility for expenses relating to alterations to a strata lot, common property or common assets
- resolutions requiring a 3/4 or unanimous vote not yet voted on, or approved but not yet filed with the Land Title Office
- resolutions to amend the bylaws that have not yet been voted on, or bylaw amendments that are approved but not yet filed with the Land Title Office
- details of proceedings for court, arbitration or tribunals or orders or judgements involving the strata corporation
- outstanding notices or work orders for the strata lot, common property or common assets