The Board installs permanent KeyBox housings at condominium complexes. These strata KeyBox housing units contain a key to access the building. The key to your suite is contained within a separate KeyBox inside the building at your suite door. This video illustrates how the system works.
In April, 2008 Victoria’s A-Channel TV station featured a news report on KeyBox security concerns at a condominium complex. The news story explained how the Victoria Real Estate Board’s enhanced KeyBox housing program was developed to address concerns.
The Victoria Real Estate Board actively recruits property management companies and strata councils to participate in the KeyBox housing program and installs at condominium buildings throughout Greater Victoria at no cost to the strata. If you would like your condominium complex to review the security our new housings can provide, invite your strata council or property manager to contact us for more information.
When you sell a strata property in BC, the Strata Property Act requires that a number of official documents that relate to the strata unit for sale and the strata complex in which it is located be made available to the prospective buyer. One of the services your Realtor provides is to collect these documents from the property manager or strata council, vet them and make them available to you.
Traditionally, this was a slow process due to the amount of paper the property manager or strata council needed to gather to provide to your Realtor. Through the Victoria Real Estate Board, Realtors of Greater Victoria spearheaded the development of an online document repository called StrataDocs to speed up the process of delivery of requests and improve the accuracy of the documents provided.
StrataDocs allows property managers to accumulate and store their strata documents as they are created. Realtors can instantly locate and purchase these documents and make them available to their clients. Prospective buyers are able to immediately learn about matters that pertain to the strata and in turn make their offers to purchase more quickly. This document illustrates how property managers and Realtors use the StrataDocs system.
StrataDocs is the first product of its kind in BC and attracted the interest of real estate boards throughout the province. Property managers are invited to contact us for information on how they can join the StrataDocs program and ease the administrative burden and make strata information available to prospective condo buyers.