How we can help

Navigating complex documents like the Strata Property Act, Depreciation Reports, Strata Bylaws and Financial Statements can be confusing and overwhelming. At Condo Clear Services, we provide guidance and support to Strata Corporations, owners, buyers and Realtors looking for clarity and expert advice. We identified a need for this unique and dynamic service in British Columbia and are pleased to offer you our extensive knowledge in this area.

Buyers

Helping buyers understand the Strata Property Act, Depreciation Reports, Financials, Bylaws, and other related documents

Reviewing a condo’s strata documents is one of the most important steps you can take to ensure you’re making a sound purchase. A thorough strata document review can help you make an informed decision by ensuring you understand the regulations, restrictions, financial obligations, and potential risks or red flag items. But conducting a review can be time consuming, and the documents can be difficult to understand if you don’t know exactly what you’re looking for. Buyers may turn to lawyers and engineers for additional insights, but these services can be expensive, time consuming, and may result in an incomplete view if they lack experience in the day-to-day operations of strata corporations.

Sellers

Being prepared is the first step in ensuring a smooth transaction and avoiding preventable issues that may otherwise disrupt your sale.

The original intent behind Condo Clear was to provide support for buyers with understanding the documents provided to them during the purchase of a strata titled property; however, our service has come in very useful for many sellers that wanted to be proactive and avoid any potential surprises throughout the selling process. We have even tailored a Basic Review specifically designed for the needs of sellers. Think of it as a pre-inspection for your documents.

Realtors

Given the current rule changes and renewed scrutiny of the real estate industry can you afford to be unsure of strata regulations?

Whether you are working on behalf of a buyer or seller you have certain statutory obligations that must be met, and we can help. With the ever-increasing complexity of strata corporations, it is difficult for a licensee to stay up to date. In the past Realtors were left with very few options in how to deal with strata documents, this is contrary to other markets, such as Alberta, where document review services are common place and have been for the last 20+ years. By involving Condo Clear we can help by reducing the amount of time you spend on documents so you can focus on the key aspects of your role while helping to mitigate liability by having a third party with the proper experience and credentials take on that burden for you.

What we offer

We offer three (3) levels of service to suit your individual needs, starting at $195 plus tax.

1.

Basic Strata Document Review

This option is ideal for sellers and listing Realtors that want to ensure the documents provided to potential buyers are complete.

This option includes the following:

  • An overview of the strata; and,

  • A review and summary of the bylaws.

All files are organize and compiled into one PDF document provided via Dropbox – no need for an account, just click and download!

2.

Depreciation Report & Financial Review

This option is best suited for a buyer that would like help understanding the Depreciation Report and what that might mean for them specifically but are comfortable reviewing the additional documents, such as the minutes and financials/budget, themselves.

This option includes all Basic Review services, as well as a review and summary of the following:

  • The Depreciation Report and Contingency Reserve fund, including a snapshot of the projected expenses in the next five (5) years.

3.

General Strata Document Review

This option is best suited for buyers that would like to have a full view of the strata corporation or sellers that would like to ensure that all available details are provided to potential buyers to help ensure a smooth transaction and avoid surprises which may jeopardize the completion.

This option includes all Basic and Depreciation Report Review services, as well as a review and summary of the following:

  • Form B

  • Insurance Certificate

  • Council and General Meeting Minutes (up to two (2) years); and,

  • The Financial Statement and Balance Sheet.

Additional Documents

In addition to the above, we can also review the following documents for an additional charge (billed hourly at $95/hr):

  • Engineer’s Reports

  • Warranty Submissions

  • Warranty Certificate

  • Disclosure Statements

Rush Services

Rush Services may be available for an additional fee.

Services for Strata Corporations

Being a strata council member can be an exhausting, thankless job, especially if you are self-managed and have few practical options for support. Our custom services are designed to give you added support to navigate meetings, documents, and more.

With the increasing number of new condominium developments in British Columbia, it can be difficult for strata corporations to find a manager that suits their needs at a price that is affordable. This is further complicated by a shortage of licensed and experience professionals in the industry. Combined with the growing complexities of strata governance, and the potential for disputes to arise, self-managed strata corporations can quickly find themselves in less than ideal circumstances.

Consulting Services ($95 per hour plus tax, no long-term commitment)

We can support with the following:

  • Guidance on the Strata Property Act, and other applicable legislation;

  • Best practices for strata corporations;

  • Drafting budgets;

  • Treasurer support;

  • Drafting minutes;

Chairperson Services ($295 plus tax)

We can provide support for:

  • Review of the bylaws (pertaining to meeting procedures);

  • Consultation with the council;

  • Rules of order to be included in the meeting package; and,

  • Up to two (2) hours of chairperson services at the meeting.

How we work

  • Fill out the form below to request a specific service.

  • Condo Clear Services reviews the request and will respond as soon as possible.

  • The important facts are summarized for you in an easy-to-understand review.

  • We arrange a time to discuss the report and answer your questions so that you have clarity.

Who we are

Condo Clear Services is a real estate brokerage licensed by the Real Estate Council of B.C. We have hands-on experience managing strata corporations and strata property issues, from day to day operations to big challenges such as warranty claims, insurance claims, and building remediation. This experience provides us with the tools we need to provide you with the support you need.

Ryan Head Shot

Ryan Stenquist, Founder

Prior to founding Condo Clear Services, Ryan was a Regional Director with one of the premier strata management companies in B.C. He has been involved with the management of some of the most complicated and highly recognizable strata corporations in the province. Aside from his professional experience, Ryan has also been an owner, investor, and council member in multiple strata corporations over the last 10+ years. This has resulted in a level of experience which is difficult to rival in the industry. This experience includes, but is not limited to, leaky condo remediation, sections, depreciation reports, and new home warranty. Ryan’s vision is to provide potential buyers with a resource they can depend on when purchasing a home or investment and give strata corporations a viable alternative to traditional management services.

Ryan Stenquist, Founder

Prior to founding Condo Clear Services, Ryan was a Regional Director with one of the premier strata management companies in B.C. He has been involved with the management of some of the most complicated and highly recognizable strata corporations in the province. Aside from his professional experience, Ryan has also been an owner, investor, and council member in multiple strata corporations over the last 10+ years. This has resulted in a level of experience which is difficult to rival in the industry. This experience includes, but is not limited to, leaky condo remediation, sections, depreciation reports, and new home warranty. Ryan’s vision is to provide potential buyers with a resource they can depend on when purchasing a home or investment.

Testimonials

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Please note that orders received after 2:00 p.m. will be considered received on the following business day.

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Contact us

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250-853-7446
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Monday – Friday
9am – 5pm

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