The strata management contract is a legally binding agreement between Strata Corporation (or Section) and Strata Management Company. A shiftwork contract should be written and reviewed by an independent lawyer. Regular Operation – Below, some services are provided under our management agreement, the standard agency agreement protected by the SPABC (Strata Property Agents of British Columbia): Recbc plays an important supervisory role in the regulation of property management companies and managers for compliance with the Real Estate Services Act (RESA) and its rules. Unless otherwise stated in the contract, it is the responsibility of the post office board, Strata Manager or Strata Management Company to give clear direction. The Real Estate Council of British Columbia (RECBC) is responsible for the licensing, training and discipline of licensees, including strata Property Managers and Strata Management Companies, under the supervision of the Real Estate Services Act. Before accepting the strata management fee, the Strata Council, the section executive or the developer of owners must ensure that the royalty is approved: at Mountain Creek Properties Ltd., we work closely with the Strata Council to ensure that the land is well maintained and managed, both physically and financially. For new strata developments, a strata management contract can be concluded by Owner Developer: facilitate your work by having access to industry resources and events while supporting our industry. Learn more about RECBC about working with A Strata Management Company. Strata Management Company may assign multiple strata managers to provide services to Strata Corporation, or the contract may be awarded to another licensed strata property management company. Whether this is allowed or how it is managed can be negotiated in the contract between Strata Corporation (or Section) and Strata Management Company. Our comprehensive management service is tailored to Strata Corporations that require a Strata Manager to participate in regular Board meetings, respond to requests from owners, coordinate repair and maintenance items with syndicates, and provide advice and guidance on the Strata Property Act. Strata management contracts concluded by the promoter before the first annual general meeting end automatically, the old one: strata management contracts can be terminated without penalty for both parties: the Strata and recbc (Real Estate Council of BC) federations also advise Strata companies to obtain independent legal advice before signing a strata management contract. .