If you own a large property and need professional assistance in managing tasks such as building insurance, payment of utility bills, carrying out repair and maintenance work, paying bills for utilities affecting common property, and other administrative work, rely on AA Property Management Ltd. We offer full strata management services in Richmond.
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. Our "Full Strata Management" service includes all the following:
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.
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.
As directed by the Strata Council, we can follow up with the owner of a delinquent strata lot account, by registration of Lien or other actions permitted by law.
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.
We work with the Strata Council to prepare a tailor-made, realistic budget and contingency reserve, cater to all the building's operations.
We organize and meet with Council on a regular basis, review the Strata's business and prepare and distribute minutes of meetings.
We visit the Strata Corporation common property on a regular basis to ensure its cleanliness and upkeep, and identify any area where repair/maintenance is needed.
We solicit or obtain competitive quotations for all repairs and maintenance that are required, and assist the strata to oversee the performance of the contractors.
We provide a 24-hour emergency response service which can assist owners to deal with any urgent situations.
We are able to offer you greater insurance coverage with lower deductibles and premiums through our bulk-purchase relationship with the Insurance Agent.
We assist the Strata Corporation to keep all documents, minutes and financial records as required by the Strata Property Act.
We will act as the correspondence address for the Strata Corporation to receive all legal documents.
Get full strata management services in Richmond from AA Property Management Ltd. Feel free to reach out to us for more details.