| STRATA CORPORATIONS Many
Strata Corporations rely on our in-depth professional services
to assist them in discharging duties and functions as required
by the Strata Property Act.
FULL MANAGEMENT SERVICE:
1. Administration and Secretarial Service
We provide complete administrative service to ensure the
Strata Corporation meets all the requirements of the Strata
Property Acts and advise the Strata Corporation on any legislative
change that affects the Strata.
2. Collection of Strata Fees
On behalf of the Strata Corporation, we collect all strata
fees, special levies, move-in/out charges and other miscellaneous
charges and deposit all funds collected into the Strata・s
trust account, which is independent from ours as well as other
Strata Corporations・ bank accounts.
3. Follow Up Delinquent Accounts
As directed by the Strata Council, we can follow up with
the owner of a delinquent strata lot account, by registration
of :Lien; or :Small Claims Action;.
4. Monthly Financial Statement
A financial statement, accurately recording the payables
and receivables, and a comparison of budget and actual expense
will be submitted each month, to keep Council and owners fully
informed of the Strata Corporation・s financial situation.
5. BUDGETING
To work with the Strata Council to prepare a tailor-made,
realistic budget and contingency reserve, to cater to all
the building・s operations
6. REGULAR MEETING
To organize and meet with Council on a regular basis, to
review the Strata・s business and to prepare and distribute
minutes of meetings.
7. ON-SITE INSPECTION
To visit the Strata Corporation common property on a regular
basis to ensure its cleanliness and upkeep, and to identify
any area where repair/maintenance is needed.
8. REPAIR MAINTENANCE
Solicit or obtain competitive quotations for all repairs
and maintenance that are required, and to assist the strata
to oversee the performance of the contractors.
9. 24-HOUR EMERGENCY SERVICE
A 24-hour emergency response service can assist owners to
deal with any urgent situations.
10. INSURANCE
We are able to offer you greater insurance coverage with
lower deductibles and premiums, through our bulk-purchase
relationship with the Insurance Agent.
11. RECORD KEEPING
We assist the Strata Corporation to keep all documents, minutes
and financial records as required by the Strata Property Act.
12. REGISTERED OFFICE
We will act as the correspondence address for the Strata
Corporation to receive all legal documents.
PARTIAL MANAGEMENT SERVICES
Self-managed Strata Corporations can turn to us for tailor-made
services, as listed in the full management services. We will
assist in setting up an on-going management plan for the Strata
Corporation.
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