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Requesting the Form B and fees Preparing the Form B Information disclosed Documents attached. Requesting the Form B and fees . 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 Form B is an information certificate, it's purpose is to disclose important information to buyers and sellers about the strata lot and the strata corporation. It is very important to use the current version of any Form B as the province of BC updates these regularly. Your Strata can provide you a Form B for around $40.
CBABC and the BC Real Estate Association hold joint copyright over the Standard Form Contracts of Purchase and Sale and related documents. They are available free of charge to CBA members. By accessing and using these forms, the CBA member acknowledges and agrees that these forms were developed by CBABC and BCREA for the use and reproduction by ...
Jul 20, 2020 · I will start by first explaining the buying process briefly. See below a short procedure on purchasing a real estate in BC. 1. Buyer drafts agreement of purchase and sale (offer). 2. Seller reviews the purchase and sale agreement. 3. The seller counters the purchase agreement. 4.
Jan 11, 2021 · Paperwork for strata buyers and sellers. It is important to review all relevant strata documentation when buying a strata property, such as information about the strata corporation and the strata lot including money a strata lot owner may owe to the strata corporation. There are several ways for strata purchasers or potential purchasers can get ...
Mar 27, 2023 · The Strata Property Act references a “current” Form B. Many real estate licensees mistakenly believe that a Form B that is dated within the past 30 or 60 days is current. In fact, a Form B is a snapshot of the current state of affairs in respect of information relating to both the strata lot and the strata corporation.
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You can order alternate formats such as digital audio, electronic text, braille, and large print. Order alternate formats for persons with disabilities. Date modified: 2024-01-26. This form is used by rental property owners to report their rental income and expenses for income tax purposes.
