Strata Plan KAS4567, a small bare land strata corporation in Vernon with only 4 strata lots, is considering a significant upgrade to its private road, estimated at $80,000. Each strata lot has an equal unit entitlement. The strata council wants to fund this with a special levy. What is the minimum contribution amount for each strata lot, assuming approval?

Question: Strata Plan KAS4567, a small bare land strata corporation in Vernon with only 4 strata lots, is considering a significant upgrade to its private road, estimated at $80,000. Each strata lot has an equal unit entitlement. The strata council wants to fund this with a special levy. What is the minimum contribution amount for each strata lot, assuming approval?

Answer options: ✅ $20,000, as special levies are typically apportioned according to unit entitlement.

• A flexible amount, as bare land stratas are exempt from unit entitlement rules for special levies.
• $16,000, as 20% must always come from the contingency reserve fund first.
• The amount cannot be determined without knowing the assessed value of each strata lot.

Correct answer: $20,000, as special levies are typically apportioned according to unit entitlement.

Explanation: Section 108(2) of the Strata Property Act states that a special levy must be a lump sum or be payable by installments, and it must be paid by owners in proportion to their unit entitlement, unless a bylaw passed by a 3/4 vote apportions it differently.