Bit different. The condo is a legal company ,collects fees
To operate the building maintenance and repair, insurance, snow removal, etc.
All owners vote yearly on changes to bylaws, or projects to be done.
I.e.hypothetically there could be laws about no blue patio furniture, however if majority of owners vote for allowing blue, then it gets changed.
Its an owner run corporation.
Yeah HOA in USA often seems like the current HOA owns the property sale rights, and can block a sale. Strata has no say in the sale, it is an owner to owner deal.
A lot of people complain about strata being restrictive, but guess who doesn’t show up to vote at the meetings; Same people who don’t want to join council when the new one is voted in each year.
Fish don’t need bicycles, and we don’t need to hoard greenspace when it can be consolidated very well into something useful by so many more people.
At larger scale, consolidating greenspace surrounding clusters of effective dense mixed-use residential cuts land-use tremendously, re-wilds a lot of other space or returns it to agriculture, and achieves the density required for better transit and savings on infrastructure costs. The housing has to be effective, and I think the new “mixed-use consolidated over a transit stop” configuration is a definite winner … as long as it’s not wood (aka Fire’s Favourite Food).
I think a lot of them also have HOAs, too. At least in the USA, dunno about CA.
And at least with a house mortgage you usually get a lawn…
Bit different. The condo is a legal company ,collects fees To operate the building maintenance and repair, insurance, snow removal, etc. All owners vote yearly on changes to bylaws, or projects to be done.
I.e.hypothetically there could be laws about no blue patio furniture, however if majority of owners vote for allowing blue, then it gets changed. Its an owner run corporation.
I see. Definitely sounds slightly better. HOAs were supposed to be like that at one time here, but then they became miniature dictatorships.
Yeah HOA in USA often seems like the current HOA owns the property sale rights, and can block a sale. Strata has no say in the sale, it is an owner to owner deal.
A lot of people complain about strata being restrictive, but guess who doesn’t show up to vote at the meetings; Same people who don’t want to join council when the new one is voted in each year.
BC has strata corporations, which are kiiiiind of the same thing based on my shitty surface-level understanding of HOAs.
And basically all multi-family housing has a strata.
Yep, sounds like the same thing
https://en.wikipedia.org/wiki/Strata_management
Stratas in BC are very highly regulated.
Fish don’t need bicycles, and we don’t need to hoard greenspace when it can be consolidated very well into something useful by so many more people.
At larger scale, consolidating greenspace surrounding clusters of effective dense mixed-use residential cuts land-use tremendously, re-wilds a lot of other space or returns it to agriculture, and achieves the density required for better transit and savings on infrastructure costs. The housing has to be effective, and I think the new “mixed-use consolidated over a transit stop” configuration is a definite winner … as long as it’s not wood (aka Fire’s Favourite Food).