STRATA MANAGEMENT SERVICES

ADMINISTRATIVE MANAGEMENT

1. Receive and respond to all correspondence relating to the Strata Corporation, and provide copies of correspondence to the elected Strata Council.

2. Organize and attend all meetings pertaining to the Strata Corporation (e.g. Annual/Extraordinary General Meetings, Strata Council Meetings) and record minutes.

3. Provide the necessary mailing out of notices of meetings, minutes of meetings and provide administrative record keeping as required by the Strata Property Act.

FINANCIAL MANAGEMENT

1. Maintain all financial books, records, ledgers and files of the Strata Corporation, as required by the Strata Property Act. Based on financial records, propose an effective operating budget prior to each Annual General Meeting.

2. Invoice and arrange efficient collection of Strata Fees from all Strata Lot owners, deposit such collections into the Corporations’ Trust Account. Institute legal proceedings where necessary, against owners who are delinquent in the payment of Strata Fees. Renumerate suppliers and creditors on a timely basis to ensure consistent provision of maintenance and or services to the strata.

3. Provide payroll accounting as necessary, including T4 and T4A Summaries, Workers Compensation Board forms etc..

4. Render necessary production of Form B’s and Form F’s as required by the Strata Property Act, for the conveyancing of Strata Lots within the Strata Corporation.

5. Provide information and professional advice to the Strata Corporation and / or individual Strata Lot owners regarding their investment.

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