Strata Management Licensing Practice Exam · Question
A Strata Council in British Columbia wishes to hold an urgent vote on a major repair that exceeds the council's spending authority but does not want to wait for the next AGM. What type of meeting should they call?
Matters requiring owner approval outside of the annual general meeting, such as significant expenditures, necessitate a Special General Meeting (SGM) to be call
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Question: A Strata Council in British Columbia wishes to hold an urgent vote on a major repair that exceeds the council's spending authority but does not want to wait for the next AGM. What type of meeting should they call?
Answer options:
- An informal council discussion. ✅ A Special General Meeting (SGM).
- A regular council meeting with extended agenda.
- An emergency board meeting.
Correct answer: A Special General Meeting (SGM).
Explanation: Matters requiring owner approval outside of the annual general meeting, such as significant expenditures, necessitate a Special General Meeting (SGM) to be called, as per the Strata Property Act.
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