Common Property and Common Assets (22:V): Difference between revisions
From Clicklaw Wikibooks
→D. Ownership of Common Property
Line 140: | Line 140: | ||
=== 1. Nature of Common Property Ownership === | === 1. Nature of Common Property Ownership === | ||
Because a strata corporation must manage common property for the benefit of the owners as a whole, it cannot make any guarantees to strata lot purchasers about exclusive use of common property, other than through designations of limited common property: see [https://www.canlii.org/en/bc/bcca/doc/1991/1991canlii529/1991canlii529.html ''Hill v Strata Plan NW 2477 (Owners), 2 BCAC 289'', 1991 CanLII 529 (BC CA)]. | Because a strata corporation must manage common property for the benefit of the owners as a whole, it cannot make any guarantees to strata lot purchasers about exclusive use of common property, other than through designations of limited common property: see [https://www.canlii.org/en/bc/bcca/doc/1991/1991canlii529/1991canlii529.html ''Hill v Strata Plan NW 2477 (Owners), 2 BCAC 289'', 1991 CanLII 529 (BC CA)]. |