Related products
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
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
Disclosure Statement for Strata Plan | Canada
Prepare a Disclosure Statement for investors in a strata plan development with this downloadable form for Canadian projects.
- The Disclosure Statement must be provided by the project developer or issuer to any party interested in investing in the strata plan investment pool.
- The Statement discloses information about:
- the nature of the investment,
- the development,
- the developer's corporate structure and history,
- the common property, parking and recreational facilities,
- how voting will be conducted at strata corporation meetings,
- zoning and development approval,
- any other salient items regarding the project, to meet requirements under applicable securities legislation.
- This is a downloadable and fully editable MS Word template.
- Intended for use only in Canada.
$29.99
