Can a strata corporation sell personal property it owns?

Yes, but the strata corporation must obtain prior approval by a ¾ vote resolution if the personal property has a market value greater than an amount set out in the bylaws, or $1,000 if the bylaws on silent as to the amount. 1

 

 

Notes:

  1. Strata Property Act, SBC 1998, c.43, s.82(2) and (3)