Condo and Strata Assignment Integrity Register (CSAIR)
The Condo and Strata Assignment Integrity Register (CSAIR) is a database for assignments of purchase agreements of all residential condo and strata lots in B.C., including both pre-sale lots and completed lots.
A pre-sale purchase agreement refers to acquiring the right to purchase a condo or strata lot from a developer before the building is completed and registered with the land title office.
An assignment is the transfer of the right to purchase the condo or other strata lot.
The CSAIR captures information about assignments of purchase agreements of condos and other strata lots, including certain personal information on the assignors and assignees.
Information in the CSAIR is kept confidential by the Ministry of Finance, but is shared with other agencies, such as the Office of the Superintendent of Real Estate and Canada Revenue Agency, to ensure assignment transactions are reported and the appropriate taxes assessed. The information collected is also used to inform future housing and tax policy.