Salt Spring Condominiums – Salt Spring Townhouses – Manufactured Home Parks
There are numerous Salt Spring condos, Salt Spring townhouses or stratas available to buy. To see info on each Salt Spring condo development scroll down this page.
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First, what is a condo?
In British Columbia, a condominium is a strata. A strata consists of the strata lot, common property and common assets. All stratas (condos) in BC, whether they are a 2-unit or 500-unit development, are self governed under the Strata Property Act. Every strata has a Bare Land Strata or a Building Strata plan on file. The land can be owned by the strata as freehold or leasehold property. The entity that owns the common property is known as the Strata Corporation. It is governed by the owners that make up the Strata council. Sometimes the council will hire a management company to manage the strata.
Warring DO NOT think that a bare land strata or older Salt Spring duplex has; No Rules, No bylaws, No meetings, or No Strata it does the Standard Bylaws apply for instance;
(4) An owner, tenant or occupant must not keep any pets on a strata lot other than one or more of the following:
This comes up all the time with older bare land strata subdivision on Salt Spring. The listing agents sometimes actually advertise No Rules and if your new neibour dislikes your two dogs you might want to think about the standard bylaws before buying.
Stratas, condos and condominium are all the same. Do not get them confused with a co-op, which is totally different. Co-ops are governed by the Cooperative Association Act. A manufactured home park is not a strata – see Brinkworthy Place at the bottom of this page. CMHC Condo Buyers Guide
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