Strata Living

In general, your Strata Corporation is responsible for the exterior of your home such as painting, roofing, landscaping and home building structure insurance. The Craig Bay Beach Club amenities, roads, sewers and streetlights are the responsibility of the five Strata Corporations in the community. You are responsible for the interior of your home such as content insurance, interior home improvements and minor renovations. For insurance purposes, if you plan to renovate the interior of your [...]

The Craig Bay community has 426 homes and is divided into five Strata Corporations; Shorehaven, Arbutus Grove, Meadow Beach, Seaside Village and the Onyx.  

CHOA is a non-profit association that promotes the understanding of strata property living and the interests of strata property owners.  CHOA membership includes Strata Corporations, individual owners, businesses that serve the strata industry strata related associations and governmental agencies from all across British Columbia. It provides advisory services, education, advocacy, publications and resources and support for its members.  CHOA actively assists members, and the strata industry, to ensure strata living is a positive experience. Visit https://www.choa.bc.ca/ [...]

Strata (all risk) insurance is provided including replacement costs, earthquake and liability coverage.  Each owner is responsible to obtain individual coverage for at least his or her personal possessions and contents, improvements made by the owner or previous owner, liability, perils not covered by the Strata Corporation's insurance policy, and the insurance deductible portion of an insurance claim against the Strata Corporations's insurance policy.   Your personal insurance agent or any agent licensed in the [...]

The Management Company is a professional property management company contracted by the Strata Corporation to manage its affairs on a day-to-day basis.  The management company, under the direction of the Strata Corporation Council, is responsible for the provision of services to the owners including communications maintenance, insurance, collections and disbursements accounting, arranging meetings and providing advice. 

The Strata Corporation is responsible for the following: General management of the Strata Corporation Exterior maintenance and control of common areas Payment of all bills of the Strata Corporation including maintenance of Strata Risk insurance (Condominium Form) Exercise of architectural control over buildings and common areas Enforcement of the requirements of the Strat Corporation's Bylaws  

Each Strata Corporation Council is empowered to approve an increase for the cost of essential services.  It is not the practice of the Strata Corporation Council to increase assessments for the purpose of acquiring new facilities or changes without the approval of a majority of the ownership.  Considerable research has been undertaken to establish the annual operating budget and the monthly assessment payable by the owners which is considered realistic and workable.  Should circumstances warrant [...]

Common Property is intended for the use and enjoyment of the homeowners in your Strata Plan.  Included is all property which is designated as common property, but outside the individual homes such as walkways, gardens and driveways.  Activities taking place on common property are controlled by the Strata corporation Bylaws.

The homeowners pay for the services with each homeowner paying an assigned share based on the square footage of their home.  An operating budget is prepared annually to determine the cost of the services rendered to the Strata Corporation.  The monthly assessment paid by the homeowner covers the following:Exterior building, insurance and public liabilityGarbage removalWater and sewer chargesExterior building maintenanceGround maintenance and seasonal expenses such as snow removal no community roads, etc.Common area maintenance and [...]

The Strata Corporation Bylaws are the Constitution of the Strata Corporation and govern the responsibilities and actions of the Strata Corporation and its members.  Each owner receives a copy of the Bylaws when they purchase their home and agrees to abide by them.