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British Columbia Strata Unit Alteration and Indemnification Agreement
BC strata owners, are you planning renovations to your unit that might affect the common elements of the building? You will need the approval of the strata corporation before you can start. Use this easy template to prepare a Strata Property Alteration and Indemnification Agreement for approval by the strata corporation.
- As an inducement to get approval, the strata owner indemnifies the corporation and assumes full responsibility for any damages resulting from the renovations.
- The renovations must be done in accordance with specifications approved by the corporation.
- The owner warrants that the renovations will be in compliance with the requirements of the insurance policies covering the property, and the owner agrees to pay the cost of any increase in the insurance coverage.
Download: British Columbia Strata Unit Alteration and Indemnification Agreement
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