There are numerous Salt Spring condos, Salt Spring townhouses or Stratas available to buy. 

First, what is a condo? A condominium is a Strata in British Columbia. Strata, Condo, Condominium are all the same. Do not get this confused with a Co-op which is totally different. Co-ops are governed by the Cooperative Association Act.

All Strata (condos), from a two unit to a 500 unit, are governed in BC by the Strata Property Act. A Strata consists of the strata lot, common property and common assets. 

Stratas are self governed. They all have a strata plan on file. It can be a bare land Strata or a building Strata. The land can be owned by the strata as freehold or it could be a leasehold.

The entity that owns the common property is known as the Strata corporation. It is governed by the owners that make up the Strata council. Sometimes the council will hire a management company to manage the Strata.

Rules, Rules and Rules; Stratas are democracy in action. If you want to be an expert on the rules you should buy at from my book store THE Condominium Manual a Comprehensive Guide...
by MANGAN MIKE.

It is my job to help you sort through the minutes and the contingency Reserve Fund information. Stratas are a great way to go but let me help you do all the due diligence before you buy your new Salt Spring Condo.

Scott Simmons, Alicia Bhimji, Rob Irving
Salt Spring Island and Gulf Islands real estate agents for 
One Percent Realty Vancouver Island
2541 A Empire Street
Victoria, B.C. Canada V8T 3M3
Tel 250-220-8600
Fax 250-388-7382

Salt Spring Island, Mayne Island, Pender Island, Galiano Island and Saturna Island REALTOR®

 SSI has very poor cell phone coverage, call answering on cell phone does not work well.
To leave me a message please use text messaging. 
Cell 250-538-8316
fax number 866-778-6376