Self-managed Strata Corporations can turn to us for tailor-made services as listed below. We will assist in setting up an on-going management plan for your Strata Corporation based on your needs and budget. For example, we can take care of your strata financial management needs while you are taking care of other responsibilities in your strata. Here is the list of services you can choose from to engage us for our "Small Strata Management Services":
We provide complete administrative service to ensure the Strata Corporation meets all the requirements of the Strata Property Act 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 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.
