The British Columbia government recently introduced a bill that will, if passed, make it easier to cancel a strata plan and wind up a strata corporation under the Strata Property Act (Act).

The joint venture agreement will usually contain a number of remedies – after the applicable cure period, which should be shorter for monetary defaults than others – if there is a default by a joint venture participant of its obligations thereunder, including the right on the part of the non-defaulting joint venture participant to:

A sense of place, a desire for community, the returning lustre of vibrant city centres — these are all reasons given for the popularity of mixed use developments, a place to live and work and play.

The transfer of real property is subject to a land transfer tax in most, but not all, provinces in Canada