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There are many benefits to having a professional strata manager managing your strata property. All accounting and other financial information is available on a consistent and timely basis. A few of the strata owners are not burdened with all the work and have to schedule their lives around the strata. The operation of all aspects of the strata is consistent over time and there is no upheaval or uncertainty upon the resignation or departure of one or two strata owners. We, as professional strata managers, are familiar with the Strata Act and Regulations. We also have experience and contacts dealing with contractors, insurance claims, sale of strata units, delinquent strata fees or any other strata business that may arise.

Financial:

  • Collection of all strata fees
  • Follow up and collection of any strata fees in arrears
  • Collection of any other funds receivable by the strata
  • Deposit to bank of all strata funds
  • Paying of all strata invoices
  • Maintaining accounting records of all strata financial information
  • Preparation of regular monthly and year-end financial statements
  • Preparation of annual budget

Maintenance:

  • Arranging and overseeing all maintenance contracts such as garbage, landscaping, electrical, mechanical and all other maintenance required to ensure the safety, appearance, integrity and longevity of the property
  • Maintaining appropriate insurance coverage
  • In the event of an insurance claim, act as a representative for the strata with the insurance broker, insurance adjuster and all contractors

General:

  • Enforce Bylaws, Rules/Regulations upon direction of Strata Council
  • Keeping and permitting access to all strata records
  • Preparing all necessary legal forms on the sale of a strata unit
  • Advising the strata on the Strata Properties Act and Regulations
  • Prepare agendas for strata council and strata general meetings in consultation with the strata council
  • Attend all strata council and general meetings
  • Take minutes of all meetings and distribute to owners as instructed

Strata Types:
Residential/Commercial

  • Bare Land
  • Apartment
  • Townhouse

 

 

P O Box 1270 ~ Salmon Arm ~ BC ~ V1E 4P4 ~ Tel: 250-832-3033