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Strata Management Licensing Practice Exam · Question

Which of the following items MUST be included in the notice of an Annual General Meeting (AGM) for a strata corporation?

Provincial strata legislation, such as the BC Strata Property Act, mandates that the notice of an AGM include the proposed annual budget for the upcoming fiscal

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Question: Which of the following items MUST be included in the notice of an Annual General Meeting (AGM) for a strata corporation?

Answer options: ✅ The proposed budget for the upcoming fiscal year

  • A list of all owners currently in arrears on strata fees
  • Personal contact information for all council members
  • Minutes from all council meetings held since the last AGM

Correct answer: The proposed budget for the upcoming fiscal year

Explanation: Provincial strata legislation, such as the BC Strata Property Act, mandates that the notice of an AGM include the proposed annual budget for the upcoming fiscal year.

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