In this episode, Brent and James discuss the complexities of airspace parcels with Allyson Baker, a partner and strata lawyer with Clark Wilson.   _________________________________   Over 1.5 million people live in strata housing in the Province of British Columbia. Let's face it, you'd rather watch reruns of the nightly news than read the Strata Property Act (And we can't blame you) Still, most people are at a loss when it comes to understanding such an important framework for how many of us live our lives in proximity with one another. 🎙 Stratagize with Brent Anderson & James Milne features conversations with industry leaders and experts who share their knowledge to demystify an industry that impacts the lives of more than 1 out of 3 British Columbians. Whether you are a council member, owner, investor, or renter, if you're looking for content that will bring value to your strata and help you get to the next level… THIS is it! Listen to our latest episode, subscribe and rate us on iTunes. 👊 _________________________________ 🚨 STRATA TIP: Council should be expected to discuss strata business between meetings. _________________________________ MAIN TAKEAWAYS: 🛠 Land is a three dimensional concept, extending to the air above the ground. Therefore you can subdivide the sky into separate parcels of land.   🛠 The strata property act does not apply to the remaining parcels or to the building as a whole. They only way they are ties to each other is via ASP agreement or reciprocal easment agreement.   🛠  How to tell if you have an airspace parcel. On first page of strata plan, in bold letters it will say created in subdivision of airspace. 💬 QUOTES “Stratas are a form of government and a mini democracy.”   MYTH VS FACT 🦄 “Airspace parcel agreements are difficult to change.”    (Fact)   Consult the agreement to learn if the agreement can be changed. Secondly amending the agreement likely means other parties would be giving up rights or taking on more responsibility and would require the approval of all parties in the airspace parcel agreement. Likely an uphill battle. _________________________________ Connect with Stratagize Website Linkedin Email Connect with Brent Anderson Linkedin Connect with James Milne Linkedin Connect with Allyson Baker Website _________________________________ RESOURCES 8 steps to going out to bid Maintenance Planner Checklist Decision making tool