Couverture de IB - Requirement to Measure LCP v1.0

IB - Requirement to Measure LCP v1.0

IB - Requirement to Measure LCP v1.0

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Patios, parking stalls, and yards: shedding light on Limited Common Property (LCP).

We break down the absolute requirement to physically measure LCP areas rather than just copying the architect's conceptual drawings.

Key Study Points:

LCP Definition: Exclusive use vs. ownership.

Dimensioning Standards: How to accurately represent LCP boundaries on the strata plan.

The Exam Trap: Scaling dimensions off a building plan. If you certify it, you must measure it.

Sources & Required Reading:

ABCLS IB - Requirement to Measure LCP

Strata Property Act

Survey and Plan Rules

08 - PRM Chapter 9 (Strata Title Surveys)

Resources: IB PDF | Infographic | Quiz

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