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UNDERSTANDING
YOUR STRATA
CORPORATION &
STRATA COUNCIL
A Strata Corporation, is a non-profit organization
set up to help run, manage, and maintain a
neighbourhood, building, or another collective of
homes. Residents in an association pay fees on a
regular basis— usually monthly, quarterly, or
annually—for daily operational expenses and
reserve funds.
To function effectively, a Strata Corporation is led
by a Strata Council. These leaders are
authorized to govern the community on behalf of
residents and have a fiduciary duty to make
decisions that benefit all residents, not just a
single home. Some of their top duties include:
• Administering Strata Corporation
business
• Maintaining shared property
• Enhancing residential real estate
development
• Establishing a system of property rights
• Creating and enforcing bylaws and rules
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