Episode 25: Bill 44: Solution To The Rental Crisis or Does This Spell Problems for Strata Corps?

About the Episode:

In this episode, Brent and James discuss Bill 44 with Jamie Bleay, partner at Bleay Both Uppal LLP. An in-depth look at the controversial removal of rental & age restrictions for stratas 2009 and older.

 

Get the Guides:

3 Keys to Decision Making for Strata Councils

Maintenance Planner Checklist

8 Steps for Going out to Bid

About the Guest:

Jamie Bleay

Partner - Bleay Both Uppal LLP

Jamie Bleay is a highly accomplished partner at Bleay Both Uppal LLP, a reputable law firm based in Vancouver. With a strong focus on strata legal matters, Jamie brings invaluable expertise and experience to his clients. As a trusted advisor, he diligently represents both strata corporations and strata owners, assisting them with a wide range of legal issues pertaining to strata properties.

With Jamie Bleay's extensive experience, unwavering commitment to his clients, and his ability to simplify complex legal matters, his appearance on Stratagize is sure to be enlightening and informative, offering listeners a unique perspective on navigating legal challenges in the strata industry.
 

About the Hosts:

Brent Anderson

Business Development Director, FirstService Residential British Columbia

As Business Development Director, Brent is responsible for the continued growth and strategy of FirstService Residential’s Market throughout British Columbia. 


Brent’s professional career in sales began selling souvenirs at Canucks games back at the PNE Coliseum. For the past 15 years, has been closely working with strata managers as a salesperson for various trades, including painting, high-rise window cleaning, and HVAC services.

The sales world is full of cookie-cutter reps who lead with their ego and put their needs ahead of the customers. Not Brent; he is passionate about the needs and goals of his clients and specializes in bringing them peace of mind. 
  
Brent lives in South Surrey with his wife and their Jack Russell Terrier. He is an avid hiker and budding kayak enthusiast. 

James Milne

Business Development Director, FirstService Residential British Columbia

As Business Development Director, James is responsible for the continued growth and strategy of FirstService Residential’s Market throughout British Columbia. 

James takes a consultative approach to his role, recognizing that having the right fit between a community and its management is crucial to long-term success. Prior to joining FirstService, James worked in luxury hotel management and business-to-business sales. 

James has more than 20 years of experience in customer-facing roles and a true passion for customer service. He is a licensed strata manager and has a degree in Business Management. 

When not working, James is also an avid mountain biker and serves as the President of one of BC’s largest non-profit mountain bike clubs.

 

About Stratagize Podcast

Over 1.5 million people live in strata housing in the Province of British Columbia.

Let's face it, you'd rather watch reruns of the nightly news than read the Strata Property Act (And we can't blame you) Still, most people are at a loss when it comes to understanding such an important framework for how many of us live our lives in proximity with one another.

🎙 Stratagize with Brent Anderson & James Milne features conversations with industry leaders and experts who share their knowledge to demystify an industry that impacts the lives of more than 1 out of 3 British Columbians.

Whether you are a council member, owner, investor, or renter, if you're looking for content that will bring value to your strata and help you get to the next level… THIS is it!

Listen to our latest episode, subscribe and rate us on iTunes. 👊

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🚨 STRATA TIP:
If you have old bylaws that are no longer enforceable due to changes in legislation, consider having a strata lawyer review and edit them and have them passed at an upcoming AGM. This is good practice to do every 5-10 years.
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MAIN TAKEAWAYS:
🛠 The removal of rent restrictions affects about 2,900 empty strata units as determined under the Speculation & Vacancy Tax.
 
 
🛠 Stratas are leaving old restriction bylaws on the books as a passive (and unenforceable) deterrent.
 
 
🛠  Occupancy limits are a growing area of inquiry in Mr. Bleay’s practice.
 
 
🛠  A strategy for making rental less attractive may be to increase the move in/out fee.


 
🦄 MYTH VS FACT
Bill will 44 have a detrimental impact on pre-2009 strata corporations.
 
(Myth)
 
Jamie sees Bill 44 having very little impact at all.