Sentences with phrase «of a strata»

The brokerage may retain sufficient funds to pay outstanding and anticipated invoices related to expenses incurred on behalf of the strata corporation before the termination of the service agreement.
The owners of these strata lots may choose to provide a lease or licence to another party.
Given the complex nature of strata properties, Realtors have taken several steps to educate themselves and the public.
Accordingly, the only strata management service such an individual may provide is collecting money on behalf of the strata.
In addition to rental property management services and trading services, «real estate services» includes the provision of strata management services.
Whether you own property in a strata development or are a member of a strata council, these resources can help you to understand the services to expect from a licensed strata management company.
In some instances, the parking stall and / or the storage locker has been designated as part of a strata lot.
Learning the preparation of budgets, reviewing of financial statements, and assisting in overseeing the cash requirements of the strata corporations.
(f) provision respecting the use and disclosure of information respecting the strata corporation, including the use and disclosure of personal information respecting owners who are the members of the strata corporation.
Many of these duties constitute the provision of strata management services.
In this case, for example, if it is possible to absolute date two layers of strata.
In the case of strata management services, «principal» is defined as «the strata corporation to whom or on behalf of whom the services are provided».
It is the strata corporation as a whole that is the client of the strata manager, not the individual owners.
(c) if the brokerage is to hold special levy money, at least one separate trust account in the name of the strata corporation for the special levy money.
Practice Tip: Review samples of strata meeting notices, minutes, and letters on a regular basis.
A brokerage must keep a separate list for each year of all strata corporations that are or were managed by the brokerage during that year.
Actually, think of a strata in muffin form.
Although the court did not need to answer the question, the fact that it remains unresolved leaves a shadow on the right of a strata corporation to bring such a claim.
Answer: The brokerage should deposit the special levy funds into a special levy bank account, and then draw on those funds as needed, at the direction of the strata council.
The thickness and relative spacing of these strata shows how the ice has built up or melted with time.
For managing brokers whose responsibilities include overseeing the activities of licensees providing strata management services, answering this question can be challenging, thanks to the unique and specialized nature of strata management brokerages.
Today's breakfast oasis comes in the form of a strata.
Bake for 45 - 55 minutes or until golden and a knife inserted in the middle of the strata comes out clean (the eggs should be set).
It has scored with users of all strata for the very element of anonymity that comes with it.
These costs include the legal fees charged by your lawyer, your share of the strata and property taxes for the year paid back to the seller.
If the matter can not be resolved between the strata council and the strata manager, discuss the concern with the managing broker of the strata management company.
In this situation, only those owners, residents, tenants or visitors of the strata lots as shown on the strata plan may park in this area.
If this is not possible, request written instructions from at least 2 members of the strata council.
In the case of strata management licensees, their professional development needs are highly specialized.
Before creating sections, the brokerage may wish to recommend that the strata corporation obtain a legal opinion that analyzes the benefit of the section (s) and presents options other than sections, such as creating different types of strata lots, that are open to the strata corporation.
Plastics can eventually sink to the sea floor, to become a part of the strata of the future.
(b) limits a brokerage's obligation to ensure that records are given to the strata corporation as required by section 37 (1)[strata manager obligation to return records] of the Strata Property Act.
(2) On receipt of any strata fees, contributions, levies or other amounts levied by, or due to, the strata corporation under the Strata Property Act, the exempt individual must promptly deliver the money to the strata corporation.
D. cornei has a shorter tail than D. canis; it is approximately one - half to one - third the length of the opisthosoma section.2 Additionally, this mite favors living in the more superficial structures of the stratum corneum of the skin.
Note: Within one week after the first annual general meeting, the owner - developer must (a) transfer control of the strata corporation's money to the newly elected council, and (b) deliver to the newly elected council any keys, garage door openers or other means of access that the owner - developer possesses for the purposes of exercising the powers and performing the duties of the council.
Rule of Law Amendments to Strata Property Act Facilitating Termination of Strata Corporations in Effect
(b) in respect of the application of section 13 of the Act, the interim budget referred to in section 13 (1)(a) of the Act must be for the 12 month period following the deposit of the new phase rather than for the 12 month period following the first conveyance of a strata lot to a purchaser,
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