Frequently Asked Questions (FAQs)
Welcome to Crosby's FAQs. Our FAQs cover most common questions we received from strata owners, rental tenants, and prospective clients regarding the day-to-day property issues or enquiries.
Top FAQs
How do I file a complaint for a bylaw/rule violation, i.e. noise, pets, etc.?
Neighbors are always encouraged to talk to each other to resolve issues between them; however, sometimes it does not work or an owner does not feel comfortable approaching it this way. A complaint for an alleged bylaw/rule violation may be sent to the Strata Manager or Strata Council where it will be reviewed and action taken to resolve the issues.
For convenience, please follow the step-by-step instructions to file your complaint by filling out our fillable Bylaw/Rule Violation Complaint Protocol and Form and submit by email to our office.
How do I get approval to make changes to my strata unit, e.g. hardwood flooring?
Most of the building bylaws require owners to seek Strata Council’s prior approval before commencement of the installation. Owners are also required to sign an indemnity agreement before approval is granted. For convenience, please fill out our fillable Application for Approval to Change Flooring form where it provides you step-by-step instructions to ensure the required information is submitted.
Your bylaws may also lay out all specifications such as the minimum rating of the underlay to be used.
How do I make my monthly strata fees or rental payment?
There are 4 options for our clients:
| STRATA OWNERS | CROSBY'S RENTAL TENANTS | |
| Pre-authorized Debit Plan (PAD) |
This alternative is the most popular and over 70% of our clients are currenlty under this plan. It's convenient, efficient, secured, and ensures your monthly payments are made in a timely manner to avoid late payment fine and interest. Fill out and return your Strata PAD Agreement today! |
This alternative is the most popular and over 70% of our clients are currently under this plan. It's convenient, efficient, secured, and ensures your monthly payments are made in a timely manner to avoid late payment fine and interest. Fill out and return your Rental PAD Agreement today. |
| Telephone/Online Banking |
Another fast, convenient, and effective way to make your payments. Besides internet access, what you need is your unique personal reference ID from us. Contact our Strata Accounts Receivable department to receive your ID. Also refer to our Strata Online Banking Instruction Sheet. |
Another fast, convenient, and effective way to make your payments. Besides internet access, what you need is your unique personal reference ID from us. Contact our Rental Accounts Receivable to receive your ID. Also refer to our Rental Online Banking Instruction Sheet. |
| Cheques |
All cheques must be mailed or dropped off at Crosby's office. Please make cheques payable to "Crosby In Trust for Strata Plan (your strata plan #)". E.g. "Crosby In Trust for Strata Plan LMS 1234". Post-dated cheques are recommended. |
Cheques can be dropped off to your Building Caretaker (if there is one); otherwise, to Crosby's office. Please make cheques payable to "Crosby Property Management Ltd, In Trust". Post-dated cheques are recommended. |
| Cash | Cash payments must be made in person at Crosby's office. | Cash payments must be made in person to the Building Caretakers (if there is one); otherwise, at Crosby's office. |
How do I request documents, Form B or Form F for a strata lot?
Strata Owners/Realtors
We make it convenient for you! Fill out our fillable Order Form and submit by email to our office. You’ll also be able to save or print a copy for future use or reference. Please note that we only accept credit card payments.
Lawyers
We make it convenient for you! Fill out our fillable Order Form and submit by email to our office. Please note you’ll also be able to save the PDF form as a template for future use without re-typing of your firm’s information.
The hard copy of the form can also be emailed to our office at fb_orderdesk@crosbypm.com.
How do I schedule a move-in (e.g. booking an elevator)? Who should I call and is there a move-in/out fee?
The best way to start is to review your building bylaws for any move-in/out procedures. Pay attention to the followings:
1) Booking procedure which usually requires advance notice;
2) Allowable Hours of move-ins/outs;
3) Who to contact for elevator booking;
4) Amount of move-in/out fee;
5) Any deposit required in advance of the move.
How do I sign up for your pre-authorized debit (PAD) plan?
To sign up, please choose and complete the appropriate Pre-authorized Debit Plan Agreement as shown below and submit it to our office along with a void cheque. Please fill in details of your savings account if you do not have a chequing account.
Pre-authorized Debit Plan Agreement for Strata Owners
Pre-authorized Debit Plan Agreement for Crosby's Rental Tenants
What is the rental rate for my unit and how long will it take to rent?
Take advantage of our FREE evaluation service by completing and submitting our online Rental Rate Request form to get an idea of the current market rental rate for your property. In certain circumstances, we might need to view the unit to provide a fair assessment of the rent amount.
It usually takes 2-4 weeks to rent a property.
RSS Feed FAQs
What is RSS Feed?
RSS is an abbreviation of “Rich Site Summary” or “Really Simple Syndication”. It’s a format that websites use to deliver regularly changing content to the subscribers.
Currently our website offers two RSS feeds— “Suites for Rent” and “FAQS”.
Why should I subscribe to RSS?
When you subscribe to Crosby’s RSS feeds, you will be notified automatically of any new contents without having to check our website over and over again for updates.
I’m interested. How do I subscribe?
You need a feed reader or aggregator in order to subscribe to a RSS feed. The current version of most modern web browsers such as Microsoft Internet Explorer, Mozilla Firefox, Google Chrome, Netscape Navigator, Safari, etc.) allow you to view feeds within the browser itself. You can also view feeds through a desktop application or a web-based interface.
Once you have set up your feed reader, simply click the orange “Subscribe RSS” icon and start receiving our feeds. It’s that easy!
All About Payments FAQs
How do I make my monthly strata fees or rental payment?
There are 4 options for our clients:
| STRATA OWNERS | CROSBY'S RENTAL TENANTS | |
| Pre-authorized Debit Plan (PAD) |
This alternative is the most popular and over 70% of our clients are currenlty under this plan. It's convenient, efficient, secured, and ensures your monthly payments are made in a timely manner to avoid late payment fine and interest. Fill out and return your Strata PAD Agreement today! |
This alternative is the most popular and over 70% of our clients are currently under this plan. It's convenient, efficient, secured, and ensures your monthly payments are made in a timely manner to avoid late payment fine and interest. Fill out and return your Rental PAD Agreement today. |
| Telephone/Online Banking |
Another fast, convenient, and effective way to make your payments. Besides internet access, what you need is your unique personal reference ID from us. Contact our Strata Accounts Receivable department to receive your ID. Also refer to our Strata Online Banking Instruction Sheet. |
Another fast, convenient, and effective way to make your payments. Besides internet access, what you need is your unique personal reference ID from us. Contact our Rental Accounts Receivable to receive your ID. Also refer to our Rental Online Banking Instruction Sheet. |
| Cheques |
All cheques must be mailed or dropped off at Crosby's office. Please make cheques payable to "Crosby In Trust for Strata Plan (your strata plan #)". E.g. "Crosby In Trust for Strata Plan LMS 1234". Post-dated cheques are recommended. |
Cheques can be dropped off to your Building Caretaker (if there is one); otherwise, to Crosby's office. Please make cheques payable to "Crosby Property Management Ltd, In Trust". Post-dated cheques are recommended. |
| Cash | Cash payments must be made in person at Crosby's office. | Cash payments must be made in person to the Building Caretakers (if there is one); otherwise, at Crosby's office. |
Will I get an invoice for my strata fees / special levy / rent payment?
Strata Owners
As details of the strata fees and special levy payments can be found in your official documents such as AGM/SGM Minutes, no invoices will be issued for these payments. This environmentally friendly approach also saves Strata Corporations unnecessary expense on photocopying and postage.
Crosby’s Rental Tenants
As details of the monthly rental payment and obligations are clearly identified in the residential tenancy agreement or lease agreement, no invoices will be issued.
How often are Statements of Account mailed to strata owners?
A Statement of Account is mailed in the 2nd month to owners who are in arrears and where fines were levied against the account.
How do I sign up for your pre-authorized debit (PAD) plan?
To sign up, please choose and complete the appropriate Pre-authorized Debit Plan Agreement as shown below and submit it to our office along with a void cheque. Please fill in details of your savings account if you do not have a chequing account.
Pre-authorized Debit Plan Agreement for Strata Owners
Pre-authorized Debit Plan Agreement for Crosby's Rental Tenants
How do I amend an existing PAD plan?
Please contact our Accounts Receivable department by email (Crosby@crosbypm.com) or by fax (604-689-4829) with your amendment details at least ten (10) business days in advance of the next PAD withdrawal.
How do I cancel my existing PAD plan?
Please contact our Accounts Receivable department by email (Crosby@crosbypm.com) or by fax (604-689-4829) with your cancellation notification at least ten (10) business days in advance of the next PAD withdrawal.
For owners who sold their units or tenants who moved out after the end of their tenancy, there is no need to provide any cancellation notice as our office will automatically cancel your PAD.
For convenience, a Pre-authorized Debit Cancellation Form is available for your use.
How do I get my special levy paid by PAD?
Owners under our Pre-authorized Debit Plan for monthly strata fees payment can fill out the special levy PAD form which can be found attached to the AGM/SGM notices/minutes and submit to our office at least ten (10) business days in advance of the 1st of the following month.
For Owners who are not currently under our Pre-authorized Payment Plan, please contact our Accounts Receivable Department accordingly.
Will I get a receipt for my strata fees at the end of the year for income tax purposes?
Your cancelled cheques or bank statements are good evidence for proof of payment; therefore, a receipt will not be issued.
Strata Residents FAQs
How do I deal with an emergency?
In the event of an emergency which requires fire, police, and ambulance service, please call 911 before contacting our office.
In the event of an emergency that threatens homeowner property or common areas, please call our 24 hour emergency number 604-683-8900.
Examples of a Homeowner Emergency:
- Elevator problem
- Parking gate or garage door problem
- Front door locking problem
- Flood problem such as water leaks
- Broken window
Note: Personal emergencies are not considered strata emergencies. Owners are responsible in dealing with their own personal emergencies.
For non-emergency response issues, please contact your Strata Manager during our regular office hours.
Examples of a Non-Emergency:
- Noise complaint
- Parking violation
I just bought my strata unit. What do I need to know about my building?
Welcome Package
Each new owner will be mailed a welcome package which contains valuable and important information and we urge you to keep it for references from time to time.
Bylaws and Rules
Within the welcome package is a copy of your building bylaws and rules. Be familiar with them to avoid violations which could result in unnecessary fines. Pay attention to the ones for move-in procedure/hours/fee, rental restrictions, pet restrictions, and alterations to a strata lot (A good example will be hardwood flooring replacement which seems to be very popular these days).
Strata Fees Payment Options
One of the most important things to remember after purchasing your unit is to ensure you contact our office to make arrangement to pay your monthly strata fees on time to avoid late payment penalties and fines. Within the package is a copy of our Pre-authorized Debit Agreement and our Online Banking Instruction Sheet for your reference. Please refer to our FAQ on “All About Payments FAQs” for more details on your payment options.
Move-in Procedures
Please refer to our FAQ on:
“How do I schedule a move-in (e.g. booking an elevator)? Who should I call and is there a move-in/out fee?”
Insurance
You will find information on the insurance provider within the Package. Please also refer to our FAQ on:
“Do I need insurance for my strata unit? I thought the strata fees cover insurance?”
Renovation
Please communicate with your Strata Council to seek prior approval on any renovations you plan to do in your newly purchased unit to ensure you are in compliance with your building bylaws and rules.
Please refer to our FAQ on:
“How do I get approval to make changes to my strata unit, e.g. hardwood flooring?”
Rental
If you plan to rent out your unit, please refer to our FAQ on:
“I want to rent out my strata unit. What do I need to know?”
Within the welcome package is a Form K which is required to be completed and submitted to our office within two weeks of renting. Please note a new Form K is required when tenancy changes.
Crosby’s Website - FAQs
Our FAQs section offers helpful questions and answers that are commonly asked by our new and existing owners. For any inquiry that is not covered in this section, please contact your Strata Manager. Inquiries that relate to your strata fee payment or account, please ask to speak to our Accounts Receivable when contacting our office.
Crosby’s Website – Forms
There are different forms under the Forms section for your easy use and references.
Do I need insurance for my strata unit? I thought the strata fees cover insurance?
The type of insurance covered in your strata fees is the Strata Corporation’s policy that insures the fixed structure, permanently installed original fittings and fixtures, mechanical equipment and machinery, fire suppression systems and common assets.
Therefore, it is highly recommended that owners acquire insurance for their strata unit to cover for personal property, betterments and/or improvements, additional living expenses, loss of rental income (if the unit is for rental), and most importantly, the Strata Corporation’s deductible chargeback (e.g. water, fire) incurred in the event of a claim that originated from within an owner’s unit.
To ensure you acquire sufficient insurance for protection, we recommend that you provide your broker with a copy of your Strata Corporation’s “Summary of insurance” which can be found in your most current AGM Notice package when acquiring insurance for your strata unit.
Some insurers offer a homeowner policy that provides additional private coverage which is not covered under the Strata Corporation’s insurance policy. Owners may want to take advantage of it as it is beneficial to both the strata corporation and the strata owner knowing that the same insurer is there to look after their best interest.
Some insurers even offer a tenant policy that provides additional private coverage which is not covered under the homeowner's insurance policy.
How do I schedule a move-in (e.g. booking an elevator)? Who should I call and is there a move-in/out fee?
The best way to start is to review your building bylaws for any move-in/out procedures. Pay attention to the following:
1) Booking procedure which usually requires advance notice;
2) Allowable Hours of move-ins/outs;
3) Who to contact for elevator booking;
4) Amount of move-in/out fee;
5) Any deposit required in advance of the move.
I want to rent out my strata unit. What do I need to know?
The best way to start is to review your building bylaws to ensure there is no rental restriction in place that may affect your eligibility to rent. If there is one, you may be required to write to your Strata Council (and send to Crosby’s office) to get permission to rent. If the limit has been reached, you will be notified and may be placed on a waiting list.
If you are eligible to rent, ensure you proceed to check for the following and communicate the same with your potential tenant:
1) Any pet restriction bylaw that limits the type and number of pets your tenant may have;
2) Any move-in/out procedures bylaw (also see our “move-in” FAQ).
3) Ensure a Form K is completed by you and your tenant within two weeks of renting. Please note a new Form K is required when tenancy changes.
Ensure your tenant is given a copy of the building bylaws and rules to be abided by, as owners are responsible for any fines that resulted from their tenant’s, employee’s, or guest’s violation of any bylaws/rules or damages to the common areas during the move-in/out or at any other time.
Ensure your tenant understands the importance of acquiring their own personal insurance for their own protection.
Please also refer to our FAQ on "Do I need insurance for my strata unit? I thought the strata fees cover insurance?"
How do I get approval to make changes to my strata unit, e.g. hardwood flooring?
Most of the building bylaws require owners to seek Strata Council’s prior approval before commencement of the installation. Owners are also required to sign an indemnity agreement before approval is granted. For convenience, please fill out our fillable Application for Approval to Change Flooring form where it provides you step-by-step instructions to ensure the required information is submitted.
Your bylaws may also lay out all specifications such as the minimum rating of the underlay to be used.
How do I get a copy of a strata plan?
Our office does not provide copy of strata plans. You may order a copy of your building’s strata plan at the Land Title Office for a fee.
How do I request documents, Form B or Form F for a strata lot?
Strata Owners/Realtors
We make it convenient for you! Fill out our fillable Order Form and submit by email to our office. You’ll also be able to save or print a copy for future use or reference. Please note that we only accept credit card payments.
Lawyers
We make it convenient for you! Fill out our fillable Order Form and submit by email to our office. Please note you’ll also be able to save the PDF form as a template for future use without re-typing of your firm’s information.
The hard copy of the form can also be emailed to our office at fb_orderdesk@crosbypm.com.
How do I file a complaint for a bylaw/rule violation, i.e. noise, pets, etc.?
Neighbors are always encouraged to talk to each other to resolve issues between them; however, sometimes it does not work or an owner does not feel comfortable approaching it this way. A complaint for an alleged bylaw/rule violation may be sent to the Strata Manager or Strata Council where it will be reviewed and action taken to resolve the issues.
For convenience, please follow the step-by-step instructions to file your complaint by filling out our fillable Bylaw/Rule Violation Complaint Protocol and Form and submit by email to our office.
I moved into a brand new strata corporation a couple of months ago. I have noticed that there are deficiencies inside my suite which need to be corrected. Who do I report these deficiencies to?
Unless a deficiency occurring inside the suite is an emergency, owners are responsible for reporting insuite deficiencies directly to the developer in writing, as the property management company is unable to do so on an owner’s behalf. A Service Request Form contained in your Homeowner’s Manual provided by the developer should be filled out with reasonable detail of the deficiencies and sent to the developer within the first 12 months of the suite being occupied. It is recommended that an owner should keep a copy of the Service Request Form sent to the developer for their own records.
Shortly after I moved into my brand new suite I filed with the developer’s office my Service Request Form in my Homeowner’s Manual with a list of my insuite deficiencies. But to date, the developer has not scheduled an appointment with me.
At the time a brand new suite is occupied, a building warranty comes into effect for the first 12 months of that particular suite which covers defects in labour and materials, along with contraventions of the building code. Rather than returning to attend to insuite deficiencies several times throughout the first year, a developer will most likely choose to wait until the 12 month warranty period for the suite has expired, thereby correcting the reported deficiencies within one or two site visits to your suite.
I recently purchased my new suite from a previous owner who had only owned the suite for a couple of months when the building was first occupied. Am I still able to report my insuite deficiencies even though I did not purchase from the developer?
Yes. The building warranty on the suite remains in effect and is transferable to any subsequent owners for the first 12 months following the time the first owner took possession of the suite. Original installations by the developer should also come with a product warranty which is transferable, such as appliances and plumbing fixtures. The Homeowner’s Manual provided by the developer should contain additional product warranty information associated with the installations inside your suite.
Crosby's Residential Rental Tenants FAQs
How does the rental process work at Crosby? What do I need to know about?
Viewing of Property:
Call the contact person provided in the rental listing to schedule a showing.
Get Prepared for Viewing:
Bring along the following as they may be handy when you decided to rent after the viewing:
1) Cheque book;
2) Employment references;
3) Landlord references;
4) Two (2) pieces of ID; and/or
5) A copy of residency permit - applies only for foreign nationals (students/working visas).
Prospective tenants are welcomed to complete the Application to Rent form in advance and bring two (2) copies along when viewing the property.
Interested in Renting After the Viewing:
Rental agent / caretaker will spend some time with the applicant to go through and collect items in the initial application stage as listed in items 1-9 in below table. Upon acceptance of the application, the rental agent / caretaker will meet with the tenant to go through and collect the reminder items as listed in items 10-13.
|
Initial Application: click here to print Checklist |
||
|
1. |
Applicant will complete the form along with landlord and employment references |
|
|
2. |
(Must be signed within one week upon acceptable of application) |
Applicant will sign the Tenancy Agreement, understanding that the Agreement is only binding upon acceptance of his/her application. The advantage of getting this step done in the early stage is that once the application is approved, the tenant will be able to book the elevator right away without waiting for the rental agent to make another appointment at a later date to sign the agreement |
|
3. |
Security Deposit Cheque |
One half a month’s rent is required |
|
4. |
If applicable |
|
|
5. |
Pet Deposit Cheque |
One half a month’s rent is required (if applicable) |
|
6. |
1st Month’s Rent Cheque |
|
|
7. |
If applicable in strata buildings |
|
|
8. |
Byalws / Rules
|
If applicable in strata buildings. The tenant will be given a copy of the strata bylaws/rules |
|
9. |
Utility Applications
|
To ensure there are no interruptions to services for the new tenant Account Opening Forms for: |
|
When Application is Accepted: |
||
|
10. |
Condition Inspection Report |
The rental agent / caretaker will perform a walk-through of the unit with the tenant to complete the report |
|
11. |
Post-Dated Cheque OR Pre-authorized Debit Agreement |
The tenant is required to either provide post-dated cheques to cover the rent for the whole tenancy OR to complete the PAD agreement to have the rental payment automatically withdrawn from his/her bank account
|
|
12. |
Cheque for Move-in Fee |
If applicable in strata buildings with bylaws in place |
|
13. |
Keys |
Keys will be pass over to the tenant upon completion of above steps |
All cheques should be made payable to Crosby Property Management Ltd., in trust.
Moving In:
Please refer to our FAQ on “How do I get prepared for the move-in to ensure a smooth process".
After Moving-In:
New tenants renting from Crosby will receive a welcome package providing the following:
1) A copy of the signed Tenancy Agreement;
2) Information and rules on strata living (if applicable);
3) Request for the tenant’s contact and emergency information;
4) Contact information of the assigned Property Manager for all future inquires, issues, and repairs.
How do I get prepared for the move-in to ensure a smooth process?
The following table provides useful information to better prepare Crosby's Tenants for a smooth move-in process:
|
Insurance |
Arrange for tenant’s insurance as this is a term of your Tenancy Agreement. The Landlord is not responsible for loss, damage, or theft of the tenant’s personal belongings.
|
|
Utilities Set Up |
Contact the utility company when required to open your account to ensure service is not interrupted (despite the fact that you may have already filled out the forms – utility companies may need more information from you):
·BC Hydro (Electrical account) To apply by phone: 604-224-9376 or To apply online:
·Terasen Gas (if applicable) Can only apply by phone: 1-888-224-2710 Do not forget, otherwise gas will get cut-off and reconnection charge will apply.
·City of New Westminster - For rental units in New Westminster area, the City of New Westminster administers all electrical accounts instead of BC Hydro To apply by phone: 604-527-4555 or To apply online: Start Electrical Service Request
|
|
Building Bylaws & Rules |
Please take the time to read the Strata Bylaws and Rules and Regulations to avoid any infractions and fines. Pay special attention to move-in requirements and pet bylaws. |
|
Elevator Booking |
Book your elevators with the strata building manager at least seven (7) days in advance of move-in date to ensure you book the allotted time |
The rental agent / caretaker will call you prior to move-in date to arrange for the keys and a “Move-In Inspection” form will be filled out.
What should I do if I want to add or remove a roommate?
Please be aware that no person, other than those listed in the Tenancy Agreement, may occupy the rental unit. A tenant anticipating an additional person in the rental unit must promptly apply in writing for permission from the landlord for such person to become an approved occupant. This additional person will be responsible to pay for the move-in fee charged by the building with bylaws in place. An occupant who intends to vacate the unit will also need to advise the landlord in writing regarding the date of departure and the assignment on their portion of the security deposit to the current tenants before the landlord can legally remove their name and responsibility off the Tenancy Agreement. Also, he/she is also responsible for any move-out fee charged by the building with bylaws in place. Some buildings have bylaws in place where the move-in/out fee is still applicable.
How do I give notice to vacate? How much notice is required to end my tenancy?
The tenant may end a monthly, weekly or other periodic tenancy by giving the landlord at least one full calendar month’s written notice. The notice must be given the day before the day in the month, or in the other period on which the tenancy is based, that rent is payable under the Tenancy Agreement.
For example, in a month-to-month tenancy, if rent is due on the first day of the month, the tenant must give notice to the landlord no later than September 30th to move out on October 31st. If the Tenancy Agreement is a fixed term ending December 31st, and the Agreement does not provide that the tenant must move out at the end of the fixed term, the tenant can give notice any time up to November 30th, to take effect on December 31st.
For convenience, tenants can now fill out the Notice to Vacate form from the website and submit by email accordingly.
What happens if I break my lease? What is liquidated damages?
If the tenant ends the tenancy before the end of the original term (clause 2(b) of the Residential Tenancy Agreement), the landlord may, at the landlord’s option, treat the Tenancy Agreement at an end and in such event, a certain sum of money as originally signed and agreed shall be paid by the tenant as liquidated damages, and not as a penalty, to cover administration costs of re-renting the said premises. The payment by the tenant of the said liquidated damages to the landlord is agreed to be in addition to any other rights and remedies available to the landlord.
How do I get prepared for the move-out to ensure a smooth process?
The following table provides useful information to better prepare Crosby's Tenants for a smooth move-out process:
|
Give Proper Notice |
Proper “Notice to Vacate” in written form must be provided to our office. For convenience, tenants can now fill out the Notice to Vacate form in our website and submit by email accordingly. |
|
Cleaning |
You will be provided a “Tenants Suite Cleaning Checklist”. Adherence to the checklist will avoid unnecessary deductions from your security deposit. |
|
Elevator Booking |
Ensure you follow the move-out process in the bylaws by booking the elevators, etc. and pay the move-out fees and damage deposit (if applicable) to ensure you book the allotted time. |
|
Move-Out Inspection |
The rental agent will contact you to book an appointment to conduct a move-out inspection and turning over of the keys and fobs. In order to expedite the refund of your security deposit, it is important you attend the move-out to sign the move-out inspection form. |
|
Refund of Security Deposit |
Security deposits will be refunded no later than the 15th of the following month of the move-out date.
|
Prospective Clients - Strata Management FAQs
What procedures do you have in place to protect our trust funds?
Crosby Property Management Ltd. is licensed and bonded. All accounting functions are overseen by five (5) Certified General Accountants. Due to our size and the volume of businesses that we have, we are able to segregate duties among the accounting staff and provide better internal controls and protection for our clients’ trust funds. All our trust accounts are being audited annually by Ernst & Young, LLP, one of the "big four" Chartered Accountant firms in Canada.
What type of projects do you manage?
Crosby Property Management manages strata corporations with residential and commercial sections (mixed use), commercial strata corporations, industrial park strata corporations, stratified hotels, and complicated phased Strata Corporations that include air space parcels, cost sharing, and shared amenities.
How many projects do each of your strata agents manage?
Strata agents at Crosby administer a portfolio of between 8-12 buildings, depending on the location, size, complexity, and the services provided. Strata agents at Crosby are paid a competitive salary and are not paid commission. This practice allows the Strata agents to properly service the needs of the building, owners, and residents in a structured and organized approach.
Do you provide emergency services outside of regular business hours?
Crosby provides emergency services 24 hours 7 days a week to all owners and residents. All emergency call reports are reviewed by senior management.
How often are the financial statements prepared and delivered to your clients?
Comprehensive financial statements including a Balance Sheet and an Income Statement are provided to each council member by the 15th business day of each month.
Can you assist us with difficult legal issues?
Yes, we have established a legal Retainer Program with the law firm, Clark Wilson LLP, who are well known with their expertise in legal matters affecting strata corporations and the Strata Property Act.
Can you assist us in dealing with building warranty issues?
Yes, our strata agents are well versed in the new home warranty program requirements and we also have a warranty coordinator on staff who can assist when necessary.
Can you assist us with long term capital planning and a building maintenance plan?
Yes, we work together with council and the qualified professional company to develop a capital planning program with reports to assist council with their long term capital planning and maintenance requirements.
Can you assist us with the facilitation and overseeing of a major building project?
Yes, we can provide administration and accounting services relating to the project at an additional fee.
Will you take on projects that are only a few months old?
Yes, we have the expertise and understanding in the transition period between the developer and the strata corporation and can provide the council with guidance in dealing with accounting issues such as budgeting, fee collections, reconciliation of developer’s expenses, and the complexity of multi-phase development.
Who do I contact for more information about your services?
Please fill out our Request for Proposal and submit it online to our office. Someone will be in contact with you in due course. Thank you.
Prospective Clients - Residential Rental Management FAQs
What type of investment/rental properties does Crosby manage?
We manage a diversified portfolio of apartment buildings, individual condominiums, houses, townhouses, duplex, non-profit housing, and commercial and office buildings. We also assist Strata Councils of buildings that Crosby manages to provide rental management services for the Strata Corporation’s rental suite.
What are the fees? What else do you charge for?
Our fees are generally based as a percentage of the revenue generated from your property. A minimum monthly fee may apply. Please contact us and we will be pleased to provide you with an individual quotation for your review.
For Strata Corporations that are already a client of Crosby, we’re pleased to provide our rental management services at a discounted rate.
We are regulated under The Real Estate Services Act of British Columbia and only those fees and charges outlined in your Service Agreement are allowable to be charged without the client’s prior written approval.
What is the rental rate for my unit and how long will it take to rent?
Take advantage of our FREE evaluation service by completing and submitting our online Rental Rate Request form to get an idea of the current market rental rate for your property. In certain circumstances, we might need to view the unit to provide a fair assessment of the rent amount.
It usually takes 2-4 weeks to rent a property.
Where do you normally advertise for your rental units?
We normally advertise your rental units in the local or community newspapers. We also advertise through Craigslist and our own Crosby website.
What criteria do you use to choose a tenant?
We require a very detailed application form from each prospective tenant and we conduct credit bureau checks, verification of employment and previous tenancies. No tenants are accepted unless they have passed our strict criteria.
How often are investment properties inspected?
Rental Buildings:
There are no extra charges associated with the regular site visits and property conditions inspections conducted by our experienced Property Managers.
Individual Rental Units:
Owners are given an option to engage the services of a 3rd party for suite inspections. Inspections are done on a quarterly basis.
What are your pet policies?
Rental Buildings/Houses: Pet policies are determined on an individual basis by the Owner with consultation with the Property Manager. One-half month’s rent deposit will be required as provided for under the Residential Tenancy Act. Pet references may also be required. Individual Rental Units: Pet policies are determined on an individual basis by the Owner and/or by the Strata Corporation by-laws with consultation with the Property Manager. One-half month’s rent deposit will be required as provided for under the Residential Tenancy Act. Pet references may also be required.
Do you manage furnished suites or houses?
No, we only manage unfurnished suites or houses.
Will you do tenant placement only and then let me manage it?
No, we only provide full management services.
Why do I need to pay a caretaker if I have a Property Manager to manage my rental building?
The presence of an onsite caretaker cannot be quantified in terms of safety and security of the building as well as tenant retention and satisfaction. The onsite caretaker is always available to show any vacant suites and deal hands on with any emergency situations which provide an enormous level of comfort for your tenants. The caretakers are extensively trained and supervised by our Property Managers.
What do you do if a tenant does not pay rent?
We are very diligent with rent collection and it is administered per all allowable avenues under The Residential Tenancy Act commencing with immediate notice given to tenant.
How do you manage problem tenants?
We often find that acting as an independent third party we are able to resolve most tenant disputes through communication and negotiation to ensure everyone is treated fairly and equitably. We are experienced and familiar with all landlord’s rights and remedies under The Residential Tenancy Act and comply with same on all disputes.
Who goes to arbitration at the Residential Tenancy Branch – I hear it is a challenge?
We do anticipate with careful tenant screening that not too many matters will come before the Residential Tenancy Branch, but if that is the case, our Property Managers have many years of experience of preparing for and appearing before arbitrators.
Do you assist Non-Resident Investors with taxation?
In an effort to assist the clients to pay less tax up front, Crosby Property Management Ltd. agreed to act as NR6 agents to allow the owner to only pay taxes on 25% of the net income (which means rental income less projected expenses). Please refer to our “Optional” Tax preparation Assistance for Non-Resident owners page for details.
Who do I contact for more info?
Please fill in our Request for Proposal and submit it online to our office. Someone will be in contact with you in due course. Thank you.
Prospective Clients - Commercial Rental Management FAQs
What do you charge to manage my building?
Generally speaking, the fees are a percentage of the revenue (either gross or net) generated from the property. The percentage will be based on the size of the income as well as complexity of the property, such as number of tenants and owners. We would be pleased to provide you with an individual quotation.
How do you handle non-payment of rent?
We are very diligent with rent collection and keep in close touch with tenants and communicate to owners if any rental collection issues may arise. If necessary rent distraint or seizure may be required and will be conducted upon behalf of the owner if so instructed.
What if I want to do my own leasing?
We are very happy to work with you as owner while you do your own leasing and / or full co-operation with outside brokers. We are dedicated property managers and believe that some leasing activity is best left to those experts in the particular field and market.
We have a lot of vacancy right now, how would you deal with that?
Quick action is necessary in this circumstance. A review of the building conditions and current tenancy and market would be required. A leasing / marketing plan would be created and the appropriate agents assigned to the project.
How long a contract do we have to sign?
Keep in mind that a lot of work goes into taking over and setting up a new property. Hence the initial contract period will be for one year with annual renewals thereafter.
Some of our tenants are fighting amongst each other, can you resolve that?
We often find that acting as an independent third party we are able to resolve most tenant disputes through communication and negotiation to ensure everyone is treated fairly and equitably.
Can you help with my mortgage renewal?
We will be pleased to give you recommendations as well as provide the necessary financial information required by your lender to facilitate the renewal.
We have had a lot of insurance claims the last few years and our insurance company may not renew us, can you help?
We have a very strong insurance program and good relationship with our brokers because of the volume of coverage we insure with a good claims history so we would be able to assist you in receiving alternate proposals for your insurance coverage.
Do you have any references I can call?
We do have several references to call, and we would be pleased to provide those to you directly keeping in mind the kind of property you have for management.
How do I get a proposal from you?
Please fill out our Request for Proposal and submit it online to our office. Someone will be in contact with you in due course. Thank you.




