Strata Fees in BC – What Are They & How Do They Work?
Strata Fees in British Columbia Updated by Mike Stewart Vancouver Realtor on October 29, 2023 Strata living in condos and townhouses is a popular choice among many British Columbians which offers a blend of community living with shared responsibilities. One of the primary shared responsibilities is the payment of a monthly strata fee. But what exactly are these fees, and how are they regulated? What are Strata Fees? At their core, strata fees are contributions made by each owner within a strata corporation. They are also often referred to as maintenance fees or condo fees in BC. These funds are…