Sunreal Property Management Blog
Flooding Contact
Owners who have experienced flood damage are encouraged to contact the City of Red Deer. A link to the City of Red Deer flooding contact can be found in the "Resources" section of our site.
Storm Damage Update
Sunreal Property Management has been overwhelmed by calls after all of the rain! Please be assured that we are managing calls on a priority basis. Contractors are working at full capactiy to evaluate and repair the damages. We have found that there is not sufficient contractors or equipment available to have all damages repaired immediately. A meeting was held at the Sunreal office to move ahead with an action plan to manage the damage as quickly and as efficiently as possible.
Sunreal is Moving
Sunreal Property Management is relocating to a new office building! Our new location will be at Riverlands Gate, a brand new building on the Corner of Taylor Drive and 45th Street. Please see the "Our Location" section of our site for a map. The information in this section will be updated to reflect our new location closer to moving day. Our new mailing address will be as follows:
100, 4327 - 54 Avenue, Red Deer, AB T4N 4L9
Water Damage
Where is the water coming from?
Water damage claims have increased dramatically in Alberta Condominium’s over the past couple of years. There isn’t one problem that can be pin-pointed, it’s a multitude of things:
S Windows left open during freezing temperatures that result in frozen cracked pipes.
S Lack of maintenance on appliance hoses.
S Leaky roofs.
S Building envelope failure due to holes and penetrations from owners, poor design or poor workmanship.
S Indoor Sprinklers.
S Old pipes.
S Turning taps on and forgetting about the running water.
S Weather related water damage.
Condominium Terminology Part II
Condominium Terminology
Part II
Contributions (Condo Fees)
Condominium owners contribute to a fund for a payment of common property costs via assessments (whether normal operating, reserve, or special) levied against their units, “Contributions” is the proper term but “condo fees” has acquired colloquial, although incorrect, currency.
Disclosure Documents
As purchaser of a new or freshly converted condominium, you are entitled to an extensive package of documents that includes estimates of operating costs. You are entitled to 10 days (the “rescission period”) to review and accept these documents. In the case of condo resales, local real-estate boards belonging to Alberta Real Estate Association have similar guidelines.
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