Sentences with phrase «of a strata council»

Am I able to assist in the management of that strata corporation, either by sitting as a member of the strata council, or by providing strata management services, on my own behalf?

In most cases, the Real Estate Council requires complaints regarding the performance of licensed strata managers to be submitted by strata councils, accompanied by a copy of the minutes of the strata council meeting that confirms the passing of a motion to submit such a complaint to the Real Estate Council.

Since what strata council members do falls within the definition of real estate services (strata management services) any licensee who is a member of a strata council must meet the requirements of the licensee exemption above (Exemption # 1 (b) above).

In most cases, the Council requires complaints regarding the performance of licensed strata managers to be submitted by strata councils, accompanied by a copy of the minutes of the strata council meeting that confirms the passing of a motion to submit such a complaint to the Council.

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.

Strata managers act under the direction of the strata council of the strata corporation, by which they are engaged.

If the parking stalls or storage lockers are designated common property, owners are entitled to use a particular area as a result of the strata council's grant of exclusive use to that owner.

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.

If this is not possible, request written instructions from at least 2 members of the strata council.

Not exact matches

Strata Councils should note that Section 151 of the Strata Property Act should always be maintained to protect council members from any liability and / or expenses more...

The Respondent purchased a unit in the Roosevelt Apartments, and subsequently the strata council of the building confirmed deficiencies to the common property exterior cladding, which required repairs estimated at $ 35,109 per strata lot.

13.5 (1) At the annual general meeting held under section 230 of the Act, 2 additional members of the council must be elected from the owners of strata lots in the new phase to hold office until the next annual general meeting of the strata corporation.

«Instead of getting into court to argue the case on a client's behalf,» says Chang, «now we're in the background and drafting submissions going in under the name of some volunteer strata council member,» even though such documents will be drafted in such a way that they are obviously the submissions of a lawyer.

DeWaal, as the developer, is managing the strata development but once 51 per cent of the lots are sold, it will convert to a strata council to manage.

As a result of amendments to the Real Estate Services Act in March 2015, which authorized the council to appoint one member representing strata property owners, former public member John Nagy of Delta has joined as the first Strata Owner mstrata property owners, former public member John Nagy of Delta has joined as the first Strata Owner mStrata Owner member.

I had feathered tenants that had been making leasehold improvements without the approval of myself or the strata council.

When i was a council member of LMS - 61, the council filed a formal complaint against Rancho management and Campbell Strata Management in regards to a missing CD.

The strata council of VR9999 is obtaining quotes from other strata management licensees for management of the remediation project, but intends to keep its current management company, from whom it feels it is getting good service.

Completion of the Strata Management Licensing Course and ability to be licensed by the Real Estate Council of B.C. to provide strata management serStrata Management Licensing Course and ability to be licensed by the Real Estate Council of B.C. to provide strata management serstrata management services.

However, the Strata Property Act, the legislation that governs the rights and obligations of strata corporations, strata councils and strata owners, remains a self - administered statute and there are no enforcement provisions for the Government of BC or the Real Estate CoStrata Property Act, the legislation that governs the rights and obligations of strata corporations, strata councils and strata owners, remains a self - administered statute and there are no enforcement provisions for the Government of BC or the Real Estate Costrata corporations, strata councils and strata owners, remains a self - administered statute and there are no enforcement provisions for the Government of BC or the Real Estate Costrata councils and strata owners, remains a self - administered statute and there are no enforcement provisions for the Government of BC or the Real Estate Costrata owners, remains a self - administered statute and there are no enforcement provisions for the Government of BC or the Real Estate Council.

As a result of section 2 of RESA, without an exemption, a licensee who was elected to a strata council would be considered to be providing strata management services and would be required to comply with all aspects of RESA, including holding a licence that permits the licensee to conduct strata management services.

The conduct of its council will be governed by the Strata Property Act, a self - administered statute with no enforcement provisions for the Real Estate Council or any other regulatorcouncil will be governed by the Strata Property Act, a self - administered statute with no enforcement provisions for the Real Estate Council or any other regulatorCouncil or any other regulatory body.

The Strata Property Act, Regulation and helpful pamphlets designed for strata councils can be found on the website of the Office of the Superintendent of Real EStrata Property Act, Regulation and helpful pamphlets designed for strata councils can be found on the website of the Office of the Superintendent of Real Estrata councils can be found on the website of the Office of the Superintendent of Real Estate.

The strata has a management company and C. George is not a member of any other strata corporation's council.

There is nothing to prevent Joan from recommending payment of invoices and preparing cheques for signing by the strata council, as long they are issued from accounts over which she has no signing authority.

Since licensing is required of those providing real estate services «to or on behalf of another, for or in expectation of remuneration», licensing and the other requirements of RESA do not apply to strata council members who are not licensees and who volunteer their time.

C. George, a licensee, is elected to sit on the strata council of a strata corporation where he is an owner.

Section 9 - 3 of the Rules effectively permits a licensee to be elected to the strata council of, or to provide strata management services to, a strata corporation in which the licensee owns a strata lot.

«former strata owner representative» means a member of the former council appointed in accordance with section 74.1 [strata owner representative], as that section read immediately before the coming into force of this section.

As of January 1, 2006, strata management became an activity for which a real estate licence is required * and the conduct of licensed strata managers became subject to the requirements of the Real Estate Services Act, over which the Council has jurisdiction.

This may include the strata council submitting a complaint to the Council with respect to the conduct of the strata manager if the strata council believes the strata manager has committed professional misconduct or conduct unbecoming a licensee under the Real Estate Serviccouncil submitting a complaint to the Council with respect to the conduct of the strata manager if the strata council believes the strata manager has committed professional misconduct or conduct unbecoming a licensee under the Real Estate ServicCouncil with respect to the conduct of the strata manager if the strata council believes the strata manager has committed professional misconduct or conduct unbecoming a licensee under the Real Estate Serviccouncil believes the strata manager has committed professional misconduct or conduct unbecoming a licensee under the Real Estate Services Act.

You will only receive Real Estate Council of British Columbia (RECBC) Relicensing Education Program (REP) credit by taking the 2016/2017 Real Estate E&O Insurance Legal Update for Strata Managers or the 2016/2017 Real Estate E&O Insurance Legal Update for Rental Managers course between January 1, 2018 and June 30, 2018 if your RECBC licence renewal date is between January 1, 2018 and June 30, 2018.

In addition to the licensing supplemental courses and exams (Trading Services, Rental Property Management or Strata Management) or the Broker's course and exam, the Real Estate Council of British Columbia has determined that to satisfy the Relicensing Education Program elective course requirements, Licensees may choose courses in the following UBC Real Estate Division programs.

This designation is handled by way of a short - term exclusive use agreement whereby the strata council allows the owner to exclusively use a particular parking stall or storage locker for a limited time period of one year.

Ask to see the registered bylaws, current rules, annual operating fund budget, Information Certificate (Form B prescribed under the Strata Property Act) and at least the last two - years» minutes of all meetings (including strata council meetings, annual or special general meetings and meetings of the executive (or of the members) of any section in the strata corporation to which the strata lot belStrata Property Act) and at least the last two - years» minutes of all meetings (including strata council meetings, annual or special general meetings and meetings of the executive (or of the members) of any section in the strata corporation to which the strata lot belstrata council meetings, annual or special general meetings and meetings of the executive (or of the members) of any section in the strata corporation to which the strata lot belstrata corporation to which the strata lot belstrata lot belongs).

77 (1) Subject to subsection (2), the term of office for an elected council member, or an individual appointed under section 74.1 [strata owner representative], is 2 years or until a successor is elected or temporarily appointed.

To support managing brokers in their efforts to ensure that their associated licensees are adequately managed and supervised, particularly in the area of strata management, the Council has developed this Special Report from Council, focusing on the unique challenges facing managing brokers in the course of operating a brokerage that provides strata management services.

This long history of service no doubt assisted the government in making decisions with respect to the level of authority that the Council was to be given under the Real Estate Services Act, including the shift to self - regulation, rulemaking ability, and the introduction of licensing for strata managers.

In conjunction with the above, the Rules require that: (1) a brokerage providing strata management services must establish in its service agreement the brokerage's scope of authority to sign cheques and make disbursements on behalf of its strata corporation clients [section 5 - 1 (5.1)(c)(i)-RSB-; and (2) the service agreement include a brokerage's authority to transfer amounts between brokerage trust accounts maintained for the strata corporation under section 7 - 9 (2) of the Rules [section 5 - 1 (5.1)(b)(i)-RSB-; Therefore, the Real Estate Council, when investigating complaints or conducting an audit regarding a brokerage, will look at service agreements to determine a brokerage's scope of authority relative to withdrawal of funds from trust accounts.

Li Qiang owns a strata lot in EPS9999 and he's recently been elected to the strata council (subject to the provisions of section 9 - 3 of the Rules exemption that allows a licensee to provide real estate services to their own strata corporation).

In the specific issue of a strata management licensee receiving a draft depreciation report from, for example, an engineering company, it is the Council's view that the licensee's duty would be to provide the draft to the strata council so that it may be reviewed to confirm that it is complete, accurate and approved for distriCouncil's view that the licensee's duty would be to provide the draft to the strata council so that it may be reviewed to confirm that it is complete, accurate and approved for districouncil so that it may be reviewed to confirm that it is complete, accurate and approved for distribution.

Section 7 - 9 of the Real Estate Council Rules was amended on July 1, 2012 to require a brokerage that holds special levy money on behalf of a strata corporation to hold that money in at least one trust account separate from the operating fund account and the contingency reserve fund (CRF) account.

Of course not everyone of really qualified to do such a report, outlining the present and future repair and replacement costs for all the parts, systems and structure of a strata building or complex, but according to the legislation anyone who is deemed competent by the good people on your strata council can be hired for the joOf course not everyone of really qualified to do such a report, outlining the present and future repair and replacement costs for all the parts, systems and structure of a strata building or complex, but according to the legislation anyone who is deemed competent by the good people on your strata council can be hired for the joof really qualified to do such a report, outlining the present and future repair and replacement costs for all the parts, systems and structure of a strata building or complex, but according to the legislation anyone who is deemed competent by the good people on your strata council can be hired for the joof a strata building or complex, but according to the legislation anyone who is deemed competent by the good people on your strata council can be hired for the job.

The addition of new section 74.1 authorizes the Real Estate Council to appoint a representative of strata property owners to the Council.

Ensure that the brokerage prepares and retains monthly bank reconciliations for all strata corporation trust accounts, no later than 5 weeks after the end of the month being reconciled (section 8 - 2 of the Council Rules).

If a strata manager believes a strata corporation client may be straying from the requirements of any legislation, the strata manager should advise the strata council of what they believe to be the correct course of action, noting that their advice should not be considered legal advice (it is also recommended that this advice be given in writing).

It is no longer necessary for the Real Estate Council of British Columbia (the «Council») to suspend the licence of Swiftsure Strata Management Services Inc. («Swiftsure) as its licence has been cancelled as a result of a discipline hearing decision of the Council dated April 19, 2007.

In the spring of 2013 and again in 2014, the Council offered training seminars throughout the province to assist licensees in understanding the requirements of the Real Estate Services Act and the Council Rules when managing strata corporations with sections.

It would, therefore, be a contravention of the Council Rules for the brokerage to correspond with the individual owners to inform them of either the strata council's discussions or decision to terminate the contract, unless the client has given that direction toCouncil Rules for the brokerage to correspond with the individual owners to inform them of either the strata council's discussions or decision to terminate the contract, unless the client has given that direction tocouncil's discussions or decision to terminate the contract, unless the client has given that direction to do so.

Active Charge of Strata Management Brokerages While every real estate licensee has a responsibility to comply with the Real Estate Services Act (RESA)-- which includes ensuring they are in compliance with the Real Estate Services Regulation (Regulation), the Council Rules, and the Council Bylaws — for managing brokers there is an even higher duty of care.