strata management vancouver insurance services
CMW Insurance
strata management vancouver insurance services
Condominium Management Questionaire

You may use this questionnaire to ask other prospective companies, ColyVan has provided answers as they relate to ColyVan.

Questons 1-7

 1. Company Name

COLYVAN PACIFIC REALESTATE MANAGEMENT SERVICES LTD

2. Number of years the company has been engaged in Rental, Commercial and strata corporation management

SINCE 1987

3a. Principals - Are they resident in British Columbia

YES

3b. Principals - Names of Principles

President - Allan Landa,  Managing Director -  Kerry MacDonald

4. Is the company registered in British Columbia

YES

5. Is the company licensed under the Real Estate Services Act?

YES

6. Does the companny have experience in dealing with:

  • Phased Developments
  • Developer Communications
  • Developer Strata Corporation/Strata Lot Deficiencies

COLYVAN HAS MANY YEARS OF EXPERIENCE IN DEALING WITH THESE TYPES OF ISSUES.

7. What licenses are held by the company?

               Strata, Rentals, Real Estate

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8. Does the company have experience dealing with split budgets and C.A.M. expense recoveries

COLYVAN HAS EXCELLENT KNOWLEDGE OF C.A.M. EXPENSE RECOVERIES.  A LARGE PERCENTAGE OF OUR PORFOLIO IS MIXED USE AND COMMERCIAL

9. Does the company have a C.A. or C.G.A. on staff

YES

10. Does the company have access to maintenance planning?

YES

11. Do you hold regular industry update meetings or meetings with all Property Managers

YES.

12. Is the company a member of a property management professional association, if so, which one

YES, "STRATA PROPERTY AGENTS ASSOCIATION OF B.C."

13. Is the company bonded

YES

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14. Do you carry:

  • Errors & Omissions Insurance
    • YES
  • Directors & Officers Liability Insurance
    • YES

15. Do you have a Fidelity Bond

YES

16. What Property Management software do you utilize to produce financial statements for the corporation

SPECTRA FOR WINDOWS, WHICH IS SOMEWHAT PROPRIETARY BASED ON OUR PARTICULAR REQUIREMENTS.

17. When are monthly financial statements distributed to Council

BY THE 15TH OF THE MONTH

18. Do you offer an Automatic Withdrawal Plan for maintenance fees

YES WE ENCOURAGE IT. WE ALSO OFFER ALL THE TRADITIONAL METHODS OF PAYMENT.

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19. How many days after meetings do Council receive minutes

A MAXIMUM OF 14 DAYS.

20. Do you maintain a separate bank account for the CRF

YES.

21. Do you provide legal advice to clients?

WE REFER ALL LEGAL MATTERS TO A LAWYER.

22. Rate of interest paid on the Current Account

PRIME MINUS 2%

23. Is the interest paid to the Corporation

YES

24. Method of termination of contract

AS PER THE STRATA PROPERTY ACT

25. Fee Basis

  • Basic Fee
    • AS PER QUOTE
  • Basic with additional scheduled items
    • AS PER QUOTE 

26. How many meetings are included in the contract

AS PER QUOTE BASED ON REQUIREMENTS OF THE STRATA CORPORATION

27 Is there an additional charge for more meetings

YES, AS PER QUOTE

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28. Is there an additional charge for meetings over two hours

YES

29a. Does the company have a benefit package available to the caretaker(s)

YES

29b. Who pays for this benefit

THE STRATA CORPORATION

30. Who attends the AGM or SGM on behalf of the company

THE PROPERTY MANAGER

31. How are after-hours emergencies handled

COLYVAN PACIFIC HAS A 24 HOUR EMERGENCY SERVICE TO WHICH ALL CALLS OUTSIDE OF BUSINESS HOURS, ARE FORWARDED.  ALL EMERGENCIES WILL BE DEALT WITH AS PER THE INSTRUCTION OF THE STRATA COUNCIL.

32. Do you offer rental services for Owners

YES IF REQUESTED

33. What is the charge for a Form B and a FORM F and is there a service charge for this item

THESE ITEMS ARE BILLED DIRECT TO THE CLIENT REQUESTING THEM, NOT TO THE CORPORATION. THE FEES ARE PERSCRIBED BY THE STRTA PROPERTY ACT.

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34. Do you insist on the Strata Corporation being registered with W.C.B.

NO, BUT WE RECOMMEND IT

35 When are monthly statements distributed

BY THE 15TH OF THE MONTH

36. Do you charge for corporate faxing

AS PER QUOTE

37. Do you charge for corporation photocopying

YES - 12 CENTS PER PAGE

38. Do you charge for SGM's

AS PER QUOTE

39. Do you hold proxies for Owners

NO

40. Are you able to assist in setting up a building maintenance plan

YES