Strata Insurance
This post sets out a string of comments and responses I have made to others on social media concerning insurance matters under the Strata Property Act (the "SPA") and Strata Property Regulation (the "SPR"). NAME Owners are responsible for routine repairs and maintenance of their unit, not for damage from the occurrence of a major peril such as water escaping into their strata lot from common property pipes or other units. The strata is responsible for that under Part 9 of the SPA, including the deductible, and pursuant to s.121 contrary bylaws are unenforceable to the extent that they contravene the SPA. NAME Please provide a section of the Act to support your advice… this will ensure that misinformation is curbed. We are trying to build owners of strata property up with reliable knowledge. Your actions are your own, but if you advise others with false stories as if they are law and others rely on your advice to their detriment, you could be liable for the cost, s...