Collective Sales Explained for Owners

On 8 September 2026, Parliament passed the Land Titles (Strata) (Amendment) Bill—the most significant update to collective sale rules in decades. Whether you’re hoping for a sale or want to keep your home, it’s important to understand how the new framework affects you.

Consent Thresholds by Age of the Condo

• Below 10 years: 90%
• 10–39 years: 80%
• 40–59 years: 70% (new)
• 60 years and older: 65% (new)

Starting a Sale

• Requisition to form a Collective Sale Committee now requires 35% of owners (by share value or number of units).
• Previously: 20% by share value or 25% by number of units.

Tighter Timelines

• Committee has six months (down from 12) to collect signatures for a Collective Sale Agreement.
• Restriction period after a failed attempt rises from two years to three.

Existing Exercises

• The old framework still applies if signature collection has already begun.
• Committees in developments aged 40 years and older may choose to terminate the current agreement and restart under the new rules.

Your Share of the Proceeds

Before signing, check:

• The apportionment method (share value, strata area, or a combination).
• The reserve price.

Your Rights if You Object

Owners who do not consent can file objections with the Strata Titles Boards, which will review:

• Whether the sale is in good faith.
• Whether the process has been properly followed.

This version is easier to scan, keyword‑rich (helpful for SEO), and structured for a website audience.

What to do next