Total Pageviews

Tuesday, 24 January 2012

Strata: Rental Restriction Violation Fine $2,000?

What is the Maximum Fine for renting out your condo Under Bylaws Rental Restriction?

Maximum Fine for Violating Rental Restriction is $500 for every 7 days.

For 28 days (about 1 month), the Maximum Fine = $500 x 28/7 = $2,000.

No comments:

Post a Comment

About Me

My photo
I am a realtor specializing in the residential properties in the Greater Vancouver, British Columbia. I have been awarded with 15 years top achievement Medallion Award by the Greater Vancouver Real Estate Board.