The owners of Strata Plan VR2345 in Vancouver are considering replacing all the windows in their 50-year-old building, a significant alteration to common property that will cost $1.5 million. The contingency reserve fund (CRF) currently holds $500,000. What type of resolution is generally required to approve this major renovation, considering the cost and impact?

Question: The owners of Strata Plan VR2345 in Vancouver are considering replacing all the windows in their 50-year-old building, a significant alteration to common property that will cost $1.5 million. The contingency reserve fund (CRF) currently holds $500,000. What type of resolution is generally required to approve this major renovation, considering the cost and impact?

Answer options:

• A majority vote.
• A unanimous vote. ✅ A 3/4 vote.
• An ordinary resolution (more than 50% of the votes).

Correct answer: A 3/4 vote.

Explanation: Section 70(1) of the Strata Property Act states that a strata corporation may make a significant change in the use or appearance of common property or common assets only if it is approved by a 3/4 vote. Major window replacement in this scenario would likely fall under 'significant change'.