Strata Property in British Columbia-What you need to know.
_On December 13, 2011, the legal landscape for strata property in
British Columbia underwent a seismic change. The Strata Property
Amendment Act, the Strata Property Act and the Strata Property Regulation were all
substantially amended. Many provisions go into effect immediately and all changes will be effective no later than January 1, 2014. RDA - Reserve Data Analysis, a division of Mountainside Enterprises, provides the requisite support that will assist your strata association to become compliant with the new legal requirements and, once there, to stay that way. Our comprehensive services will ensure that your strata properties are adequately safeguarded against the financial burden of depreciation due to deferred maintenance.
If you haven't yet reviewed the changes in legislation, you should. You can find them at: http://www.housing.gov.bc.ca/strata/regs/OIC-SPA.pdf
If you haven't yet reviewed the changes in legislation, you should. You can find them at: http://www.housing.gov.bc.ca/strata/regs/OIC-SPA.pdf
_RDA - RESERVE DATA ANALYSIS (A Division of Mountainside Enterprises)
Reserve Data Analysis concentrates its expertise on the issues and complexities related to contingency reserve funding and long-range financial planning for property managers, common interest developments, commercial and residential strata corporations as well as time-share and resort properties. Reserve planning helps assure property values by protecting against depreciation due to deferred maintenance and the financial inability to keep up with component wear. RDA provides the client with accurate funding goals and applicable funding requirements as well as cash flow projections for sound financial planning.
Our exclusive software is custom generated and can accommodate the most demanding of specialized needs. Since 1994, RDA has assisted strata corporations throughout British Columbia in implementing funding goals to meet their future financial success. A well-prepared reserve study serves as a management tool for scheduling, coordinating and planning future repairs and replacements of components.
However, our work is not finished once the report is submitted. We pride ourselves by meeting with strata owners and council members in town hall settings or Annual General Meetings so that they have every opportunity to understand the outcome of the report and its’ implications. Our goal, simply stated, is to offer our clients the best and most comprehensive information available and assist them in making wise and reasonable business decisions.
Our exclusive software is custom generated and can accommodate the most demanding of specialized needs. Since 1994, RDA has assisted strata corporations throughout British Columbia in implementing funding goals to meet their future financial success. A well-prepared reserve study serves as a management tool for scheduling, coordinating and planning future repairs and replacements of components.
However, our work is not finished once the report is submitted. We pride ourselves by meeting with strata owners and council members in town hall settings or Annual General Meetings so that they have every opportunity to understand the outcome of the report and its’ implications. Our goal, simply stated, is to offer our clients the best and most comprehensive information available and assist them in making wise and reasonable business decisions.
MOUNTAINSIDE ENTERPRISES
Mountainside Enterprises has been proudly serving the greater Kamloops area since 2000. By offering year-round property care, we meet the landscaping and snow removal requirements of commercial properties, Strata corporations and resorts in a highly professional manner responsive to the immediate needs of our clientele.
From spring cleanup to the final preparations for winter in the fall, our lawn care and landscaping enhance the natural beauty of each location, reflecting the personality and pride of the owner.
Our snow removal services are among the finest in British Columbia. Always timely, our focus on quality control helps to ensure that any return visit is due to continuing bad weather, not because we "missed a spot."
Please feel free to use the form on our Contact Us page for additional information or to submit a Request for
Proposal.
From spring cleanup to the final preparations for winter in the fall, our lawn care and landscaping enhance the natural beauty of each location, reflecting the personality and pride of the owner.
Our snow removal services are among the finest in British Columbia. Always timely, our focus on quality control helps to ensure that any return visit is due to continuing bad weather, not because we "missed a spot."
Please feel free to use the form on our Contact Us page for additional information or to submit a Request for
Proposal.