Can a strata corporation fund emergency repairs without owner approval?

If there are reasonable grounds to believe that an immediate unapproved expenditure is required to prevent significant loss or damage, whether physical or otherwise, a strata corporation may spend the minimum needed to prevent significant loss or damage. Owners must be informed of such expenditure as soon as is feasible. 1

 

 

Notes:

  1. Strata Property Act, SBC 1998, c.43, s.98(3), (5) and (6)