Bayview Strata Services Inc

By: Bayview Strata Services  09-12-2011
Keywords: Property Management, Financial Statements


Professional Strata Property Management

Working together with Strata Corporations we offer several management services.


    • Present management reports at monthly Council meetings, General meetings, and Extraordinary meetings.
    • Transcribe minutes of meetings and circulate to all owners (within 15 working days).
    • Post any notices prepared on behalf of the owners and make copies available to any owner who requests them.
    • Ensure all appropriate correspondence is maintained between the Strata Council, Strata Corporation owners, the Developer, Sub Trades, Maintenance, etc.
    • Maintain current updated list of names and addresses of all owners and tenants.
    • Welcome "New Owners", ensuring that owners receive all necessary information pertaining to the Strata Corporation.
    • Maintain a 24-hour (emergency) answering service.
    • Maintain all corporate files, documents, and accounting.
    • Office hours: 9 a.m. - 5 p.m.
    • Boardroom facilities
    • Maintain contact with Strata Plan's Insurance agent and, along with Strata Council, regularly review and upgrade policies concerning the common property. Assist in administering any claims against these Insurance Policies.
    • Arrange for Insurance Appraisal & Depreciation Reports
    • Ensure that all persons performing services at the site of the Strata Corporation are in compliance with the Worker's Compensation Act of British Columbia.
    • Supervise and direct employees, if applicable.
    • Arrange for, and meet with contractors and servicemen as required.
    • On a monthly basis, collect and deposit all Strata Fees by way of post-dated cheques or electronic banking, and report to Strata Council on outstanding accounts.
    • At the direction of Strata Council, impose, levy, and collect fines.
    • Notify Strata owners/residents regarding Strata Fees, damage deposits, special assessments, fines, hook-up fees, etc.
    • Secure and renew property value appraisals when required.
    • Review with the Strata Council annually the by-laws of the corporation and recommend any changes to the Strata Council. Prepare required documents to register at Land Titles Office.
    • As required, complete Forms pursuant to the Strata Property Act of British Columbia and its by-laws, amendments and regulations.
    • Ensure that the bylaws, rules, and regulations are adhered to by the owners.
    • Provide interpretation and assistance with the Strata Property Act and its amendments and regulations.
    • Assist the Strata Council with the preparation and ongoing monitoring of Budgets
    • Prepare monthly financial statements and provide the Strata Council with:
    • monthly statements of receipts and expenses, and statement of contingency reserves (within 25 days of month-end)
    • maintain necessary bank accounts and optimize interest income
    • provide a year-end financial statement and/or arrange for auditing as directed
    • provide full electronic cash management services (Electronic Collection of Strata Fees)
    • provide an annual budget projection
    • prepare cheques relating to pre-approved expenses
    • complete all banking transactions as required
    • Convenient and Comprehensive Service
    • supported by 20 years experience in the property industry
    • business office with boardroom facilities
    • locally situated in downtown Parksville
    • courteous, personal, and professional service
    • regular property inspections
    • 24-hour (emergency) answering service
    • quick response to problems
    • assistance with insurance claims
    • competitive rates
    • electronic banking for monthly strata fees

    "Together we'll manage!"

Keywords: Financial Statements, Property Management