What happens after the strata plan is deposited at the land title office?

• A. The Developer gains additional rights
• B. The Local Government issues permits
• C. The Strata Corporation comes into existence as a legal entity
• D. The Property is Revalued

Answer: (C)

When the strata plan is deposited, a strata corporation is created as a separate legal entity to own the common property and manage the strata development. The plan defines the individual strata lots and the common property, and once registered, the owners form a corporation that has the authority to enforce by-laws, manage finances, and represent the owners in contracts and legal matters. The new corporation takes over responsibility for maintaining the common areas and administering the overall strata scheme, separate from the individual unit owners.

The other options don’t fit this moment: permits are issued by the local government as needed during construction, not as a consequence of plan deposition; the developer’s rights aren’t automatically expanded by registration; and revaluations are handled by property assessors, not by the act of depositing the strata plan.