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» StrataBlog» New Limitation Act
June 10, 2013

New Limitation Act

New Limitation Act
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.

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