How is a strata corporation created?

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Multiple Choice

How is a strata corporation created?

Explanation:
Strata corporations come into existence when the strata plan is filed with the Land Title Office, and the developer is the one who initiates this filing. By registering the plan with the Land Title Office, the legal entity known as the strata corporation is created to own the common property and to govern the strata scheme. This filing is the formal act that brings the corporation into existence. City approvals of bylaws and an owners’ charter aren’t how the corporation is formed, and while depositing the plan is the administrative step involved, the essential trigger is the developer’s registration with the Land Title Office that creates the Strata Corporation.

Strata corporations come into existence when the strata plan is filed with the Land Title Office, and the developer is the one who initiates this filing. By registering the plan with the Land Title Office, the legal entity known as the strata corporation is created to own the common property and to govern the strata scheme. This filing is the formal act that brings the corporation into existence. City approvals of bylaws and an owners’ charter aren’t how the corporation is formed, and while depositing the plan is the administrative step involved, the essential trigger is the developer’s registration with the Land Title Office that creates the Strata Corporation.

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