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Construction Warranty by Developer for Strata Units
Developers, provide a Construction Warranty to purchasers of strata plan units with this easy-to-use template form.
- The developer warrants the workmanship and materials used in the building of the strata units.
- The warranty must be given to each purchaser of a strata lot in order to complete the purchase and sale transaction.
- This is a reusable legal form - buy it, download it, then use it as often as you need to.
- This form is downloadable and fully editable. Customize it to fit the specifics of your project.
$6.29
Bylaws for Strata Rental Pool | Canada
Prepare a set of Bylaws for a Strata Corporation as part of a rental investment pool with this easy-to-use template for Canadian stratas.
- The strata corporation is being set up to sell strata lots to investors as part of a rental investment pool.
- The lot owners will form a separate commercial section within the strata corporation, to be comprised of all the lots that will be strictly revenue properties.
- This template is available in MS Word format and is fully editable to fit your circumstances.
- Intended for use only in Canada.
$29.99
Rental Investment Pool Manager Agreement | Canada
Hire a rental manager to oversee the rentals of strata lots in a vacation rental investment pool with this Rental Manager Agreement for Canadian properties.
- The strata lot owner agrees to honour the rental bookings made by the manager.
- The owner indemnifies the manager against any claims or damages due to the owner's failure to honour any booking.
- The use and rental of the unit will comply with applicable legislation governing hotel accommodation rentals.
- The manager is responsible for collecting rents, paying expenses and managing the revenues generated from rentals of the unit.
- The manager will pay related costs and expenses from rental funds collected, such as maintenance, utilities, valet, laundry services, etc.
- Net revenues will be paid to the owner on a monthly basis.
- The manager will provide audited annual financial statements.
- This contract template is available in MS Word format and is fully editable to fit your specific circumstances.
- Intended for use only in Canada.
$29.99
Property Management Agreement for Strata Rental Pool
Retain the services of a property manager to manage the common property of strata lots in a rental investment pool with this template Property Management Agreement.
- The rental pool consists of a group of owners whose units will be rented out. The revenues from those rentals will be pooled to cover the owners' expenses.
- The property management company will be paid a monthly fee for maintenance, management and administration of the common property for the rental pool owners.
- The manager's duties include preparation of annual budgets, procuring contracts, arranging for repairs, collection of assessments from owners, commencing legal action for non-payment, paying contractors and suppliers, supervising contractors.
- The manager is required to attend all regular meetings of the strata corporation and the strata council.
- The corporation will provide the property manager with reasonable access to the common property at all times.
- The corporation indemnifies the manager against claims and damages except for those arising from negligence or willful misconduct on the part of the management firm.
- If you own strata units as investment property, you don't want to spend all your time managing them. Download the Property Management Agreement and hire a professional to do it.
$17.99