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Residential Condominium Management Services
Property Management
- Collection, deposit and disbursement of funds
- Annual operating and reserve budgeting and expense control
- Files and record keeping
- Capital improvements
- 24-hour emergency support system
- Council and annual meeting preparation
- Rules and Regulations enforcement
- Attend Council and General Meetings
- Ensure legal & procedural requirements at meetings are met
- Inspections of the common areas
- Handle owner enquiries and repair requests
- Hiring and supervision of employees
- Supervision of contractors working on the property
- Coordination of building and grounds maintenance
- Arranging all other contractual services
- Arranging for the purchase of equipment and supplies
- Preparation of the annual budget
- Receive and respond to correspondence with Owners
- Ensure that By-laws are enforced
- Arrange for review of By-laws and register amendments
- Prepare management updates to Council
- Arrange for property appraisal and review of building insurance
- File and finalize insurance claims
- Maintain 24 hour emergency response
Facility Management
- Site inspections
- Energy conservation
- Building maintenance
- Landscaping
- Snow removal and sanding
- Trash removal and recycling
- Clubhouse, pool and recreation facility maintenance
- Housekeeping review
Administrative Services
- Levy fines and liens against delinquent owners as per Council instruction
- Maintain a registry of all owners
- Introductory welcome package to new owners
- Maintain registry of rented suites and Form K's
- Prepare and circulate minutes of meetings
- Prepare and circulate notices and correspondence with owners
- Process form F and B requests
- Act as the Corporation's registered office and maintain:
- Minute Book
- Registered By-law's
- All other Corporation files
- Maintain all administrative records as required under the Strata Property Act of British Columbia
Financial Services
- Receive, record and deposit maintenance fees, fines and other charges
- Pay all invoices
- Work orders control all repair and service requests
- Provide all payroll services and make necessary CPP, EI and WCB remittances
- Maintain bank accounts and prepare bank reconciliations
- Provide monthly Operating Statements including:
- Balance Sheet
- Income Statement
- General Ledger detail report
- Arrears Report
- Photocopies of paid invoices
- Bank Statements and reconciliation
- Maintain all accounting records as required under the Strata Property Act of British Columbia
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