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Brokerage Standards Manual

Notice of Change: Information in this manual changed when new agency and disclosure rules came into effect on June 15, 2018. Learn more about the new rules.Notice of Change: Information in this manual changed when new agency and disclosure rules came into effect on June 15, 2018. Learn more about the new rules.

Managing Broker Duties

6. Unlicensed Activity

(c) Strata Management Services

Unless exempt, an individual must be licensed to provide strata management services, which are defined in section 1 of RESA:

  • collecting or holding strata fees, contributions, levies or other amounts levied by or due to a strata corporation under the Strata Property Act;
  • exercising delegated powers and duties of a strata corporation or strata council including:
  • making payments to third parties on behalf of the strata corporation;
  • negotiating or entering into contracts on behalf of the strata corporation;
  • supervising employees or contractors hired or engaged by the strata corporation.

Under section 2.18 of the Regulation, an individual who is employed by a brokerage that is licensed to provide strata management services is exempt from licensing in respect of collecting strata fees, contributions, levies or other amounts levied by or due to a strata corporation under the Strata Property Act so long as this money is promptly delivered to the brokerage.