British Columbia Strata Property Manager
Licensing Exam Practice Questions And
Correct Answers
1. Under The British Columbia Strata Property Act, Who Has The
Primary Responsibility For Enforcing Bylaws?
A. The Strata Manager
B. The Strata Corporation
C. The Municipal Government
D. The Superintendent Of Real Estate
Answer: B. The Strata Corporation
Rationale: The Strata Property Act Places Enforcement Responsibility On
The Strata Corporation, Not The Manager Or Government Authorities.
2. What Document Creates A Strata Corporation?
A. Strata Plan Filing
B. Disclosure Statement
C. Bylaws Registration
D. Property Management Agreement
Answer: A. Strata Plan Filing
Rationale: A Strata Corporation Is Created When The Strata Plan Is
Deposited In The Land Title Office.
, 3. Which Vote Is Generally Required To Amend Strata Bylaws?
A. Simple Majority
B. 2/3 Vote
C. 75% Vote
D. Unanimous Vote
Answer: C. 75% Vote
Rationale: Bylaw Amendments Require A 75% Vote At A General Meeting
Under The Strata Property Act.
4. Which Fund Is Used For Major Repairs And Replacement Of
Common Property?
A. Operating Fund
B. Contingency Reserve Fund
C. Trust Fund
D. Special Levy Fund
Answer: B. Contingency Reserve Fund
Rationale: The Crf Is Legally Designated For Significant Repairs And
Replacement Costs.
5. Who Appoints The Strata Manager?
A. The Property Developer
, B. The Strata Council
C. The Owners At An Agm
D. The Superintendent Of Real Estate
Answer: B. The Strata Council
Rationale: The Strata Council Has Authority To Hire And Supervise The
Strata Manager.
6. How Long Must Strata Records Generally Be Retained?
A. 3 Years
B. 5 Years
C. 6 Years
D. Permanently
Answer: C. 6 Years
Rationale: The Strata Property Act Requires Most Records To Be Kept For
At Least Six Years.
7. What Is The Maximum Term Of Office For A Strata Council Member?
A. One Year
B. Two Years
C. Three Years
D. No Maximum Term
Answer: A. One Year
Rationale: Council Members Are Elected Annually, Typically At The Agm.
, 8. Which Insurance Is Mandatory For A Strata Corporation?
A. Directors And Officers Insurance
B. Building Replacement Insurance
C. Errors And Omissions Insurance
D. Tenant Liability Insurance
Answer: B. Building Replacement Insurance
Rationale: Strata Corporations Must Insure Buildings To Full Replacement
Value.
9. What Is A Special
Levy?
A. A Monthly Strata
Fee
B. A Penalty Charge
C. An Additional Contribution Approved By Owners
D. A Reserve Fund Contribution
Answer: C. An Additional Contribution Approved By Owners
Rationale: Special Levies Are Used When Existing Funds Are Insufficient
And Must Be Approved By Owners.
10. Who May Request Access To Strata Records?
Licensing Exam Practice Questions And
Correct Answers
1. Under The British Columbia Strata Property Act, Who Has The
Primary Responsibility For Enforcing Bylaws?
A. The Strata Manager
B. The Strata Corporation
C. The Municipal Government
D. The Superintendent Of Real Estate
Answer: B. The Strata Corporation
Rationale: The Strata Property Act Places Enforcement Responsibility On
The Strata Corporation, Not The Manager Or Government Authorities.
2. What Document Creates A Strata Corporation?
A. Strata Plan Filing
B. Disclosure Statement
C. Bylaws Registration
D. Property Management Agreement
Answer: A. Strata Plan Filing
Rationale: A Strata Corporation Is Created When The Strata Plan Is
Deposited In The Land Title Office.
, 3. Which Vote Is Generally Required To Amend Strata Bylaws?
A. Simple Majority
B. 2/3 Vote
C. 75% Vote
D. Unanimous Vote
Answer: C. 75% Vote
Rationale: Bylaw Amendments Require A 75% Vote At A General Meeting
Under The Strata Property Act.
4. Which Fund Is Used For Major Repairs And Replacement Of
Common Property?
A. Operating Fund
B. Contingency Reserve Fund
C. Trust Fund
D. Special Levy Fund
Answer: B. Contingency Reserve Fund
Rationale: The Crf Is Legally Designated For Significant Repairs And
Replacement Costs.
5. Who Appoints The Strata Manager?
A. The Property Developer
, B. The Strata Council
C. The Owners At An Agm
D. The Superintendent Of Real Estate
Answer: B. The Strata Council
Rationale: The Strata Council Has Authority To Hire And Supervise The
Strata Manager.
6. How Long Must Strata Records Generally Be Retained?
A. 3 Years
B. 5 Years
C. 6 Years
D. Permanently
Answer: C. 6 Years
Rationale: The Strata Property Act Requires Most Records To Be Kept For
At Least Six Years.
7. What Is The Maximum Term Of Office For A Strata Council Member?
A. One Year
B. Two Years
C. Three Years
D. No Maximum Term
Answer: A. One Year
Rationale: Council Members Are Elected Annually, Typically At The Agm.
, 8. Which Insurance Is Mandatory For A Strata Corporation?
A. Directors And Officers Insurance
B. Building Replacement Insurance
C. Errors And Omissions Insurance
D. Tenant Liability Insurance
Answer: B. Building Replacement Insurance
Rationale: Strata Corporations Must Insure Buildings To Full Replacement
Value.
9. What Is A Special
Levy?
A. A Monthly Strata
Fee
B. A Penalty Charge
C. An Additional Contribution Approved By Owners
D. A Reserve Fund Contribution
Answer: C. An Additional Contribution Approved By Owners
Rationale: Special Levies Are Used When Existing Funds Are Insufficient
And Must Be Approved By Owners.
10. Who May Request Access To Strata Records?
