What is a BC Form B Information Certificate?

Direct answer

Form B (the Information Certificate) is a strata corporation-issued document required under Section 59 of the Strata Property Act. It compiles the financial, legal, and operational state of a strata unit at a specific date, including: monthly strata fees; current and projected special levies; approved or imminent special assessments; the strata's contingency reserve fund balance; lawsuits or threatened litigation involving the strata; bylaw amendments; rental restrictions; pet restrictions; parking and storage assignments; and any unpaid amounts owing on the unit. The strata corporation must provide a Form B within seven (7) days of a written request and may charge a fee — capped by regulation at $35 plus reasonable photocopy costs. Worked example: a buyer's lawyer or realtor requests Form B during the subject-removal window; the strata responds with a 4-page document showing the unit's $385/month strata fee, a $12,000 special-levy assessment for roof replacement, a $2.4M contingency reserve fund, and one ongoing minor lawsuit. Buyers should ALWAYS receive Form B + the depreciation report + last 2 years' AGM minutes + the bylaws before subject removal — these four documents reveal the financial trajectory of the strata.