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Changes to: Strata Storage Lockers & Parkings Spaces

Blog by Diane Cardoso | March 11th, 2014

Good News from Victoria!!  The Provincial Government has recently altered the Strata Property Act to make it mandatory for Strata Corporations to identify parking spaces and storage lockers associated with each strata lot.  This is a welcome change and will be forthcoming on all new Form B documents when you purchase a stratafied home.  However, it will still be up to the Buyer to determine the nature of the parking space or locker, example: common property, limited common property or part of the strata lot etc.