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Although changes to rental restrictions in the Strata Property Act was legislated in 2000, the effects of the legislation were not scheduled to begin until January 1, 2006. Rental restriction by-laws passed by strata corporations could dramatically impact a homeowner's, landlord's and home buyer's ability to rent residential strata properties.
For more information: Information Bulletin on Rental Restrictions for Residential Strata Properties
Allowable Exemptions to the New Rental Restrictions
Note: Above Financial Institutions Commission links are PDF files
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