Law360 Canada ( August 23, 2018, 8:48 AM EDT) -- Appeal by four strata property owners from a winding up order and sale of the strata property. The corporation was facing increasing capital expenditures to maintain and repair its building and physical infrastructure. The corporation decided to sell the entire building to a developer in light of re-zoning in the area permitting increased density. The strata council agreed to sell the property to Townline if a number of conditions precedent were met. More than 80 per cent of the owners voted to wind up the strata corporation and appoint a liquidator to complete the sale to Townline. The court approved the winding-up resolution, appointed the liquidator, approved the agreement of purchase and sale and made a number of ancillary orders. The appellants opposed the sale. The appellants argued that the judge erred in granting the order in the form sought by the petitioners because it did not comply with the mandatory process for a voluntary winding-up under the Strata Property Act and because it contained terms not authorized by the Act. The appellants argued the judge erred in accepting the petitioners’ misinterpretation of the role of the liquidator under the Act and therefore made orders that were not compliant with the Act. The appellants argued the requisite appointment of a liquidator ensured that an impartial, professional person marketed the strata property and informed owners objectively about any proposed disposition before obtaining their approval to sell the strata property....