New Limitation Act

June 10th, 2013
A new Limitation Act has come into force in BC, effective June 1, 2013.  The new law impacts the collection of unpaid amounts.

The following link will take the reader to a summary of the legislation and key changes published by the Ministry of Justice.

http://www.ag.gov.bc.ca/legislation/limitation-act/2012.htm

There are implications for strata corporations whose strata lot owners owe maintenance fees, fines or chargebacks.