Viewing entries tagged
sell

I Need A Status Certificate

Are You Selling Your Suite And Need A Status Certificate?

We are Here to Help!

The status certificate can be provided by the building's condo management company.
While Sage may manage the inside of your suite, we do not manage the condo as a whole and cannot provide a status certificate.

Not to worry, here is a helpful list of who to contact for your status certificate:

Wilson Blanchard Management
519 620-8778

Sage 2 - 318 Spruce St. elisha.day@wilsonblanchard.com ext.126

Sage 5 - 280 Lester St. amanda.boakes@wilsonblanchard.com ext.140

Sage 6 – 251 Hemlock St. dnielle.thomson@wilsonblanchard.com ext.159

Sage 8 – 250 Albert St. jon.weaver@wilsonblanchard.com ext.160

Sage 9 – 308 Lester St. maria.aitkenhead@wilsonblanchard.com 136

Ivy 1 – 253 Albert St. heather.roberts@wilsonblanchard.com

Ivy 2 - 228 Albert St. (temporarily) elisha.day@wilsonblanchard.com ext. 126

Ivy 3 - 338 Albert St. (temporarily) elisha.day@wilsonblanchard.com ext. 126

Lee Management Solutions
1-800 590-8805
customercare@leemanagementsolutions.ca

Sage 3 - 62 Balsam St.

Sage 10 - 257 Hemlock St.

Have more questions?

We are Here to Help!

Selling My Suite What's Next?

Are You A Current Owner Who Manages With Sage Living Who Would Like to Sell Their Suite?

We are Here to Help

… but we may need to check some items for you first.

Did you want to sell your suite conditionally vacant?

OR

Did you want to sell your suite while keeping your Tenant?

Still Have Questions?
No Problem, We Are Here To Help!

Click the button below to contact Sage Living

Selling My Suite + Vacant Possession

We understand you would like to sell your suite without keeping your Tenant…

Here are some things to consider and review when attempting to sell your suite without your Tenant

1. Review Your Management Agreement

CLICK HERE FOR A BLANK COPY OF A STANDARD MANAGEMENT AGREEMENT

Some Owners have signed management agreements with Sage Living for multiple years.
You may want to double check your management agreement and see if this could potentially affect your services or result in additional charges relating to your management service.

If your sale takes place before the end date of your management agreement, you may consider assigning your management services to the individual purchasing your suite. There is no fee for assigning and transferring your current management service package to the purchaser of the suite.

Should the purchaser not wish to receive management services, you should review the cost of cancelling management services early. This is currently listed at a cost of $950 + HST.
*note this fee may increase should the Owner cancel services after Sage Living has secured a new Tenant for the suite in advance for the following year. Please review Schedule A of your management agreement normally found on pages 12-13.

2. Review Your Lease Agreement

All Owners are provided copies of their most recent lease agreements.

Sage Living will sign standard leases with all Tenants.
Each lease is structured to be a minimum 12-months to a maximum 3-years long.
This means that if you have a Tenant who started their lease in September 2021, this Tenant could renew their lease up until August 27, 2024.

You may want to review your current lease agreement to see if the current Tenant will continue with their lease or cancel their lease. Tenants do reserve a legal right to stay within the suite and continue their fixed lease term. This can cause complications when an Owner would like to sell their suite without a Tenant, but the Tenant would like to continue renting the suite.

We are Here to Help!
Sage Living cannot guarantee being able to relocate your Tenant to a new suite, but our office has had a lot of success in relocating Tenants for Owners.
We can offer this as a unique service where an Owner can recruit members of our staff to assist with this specific and unique service request.
CLICK HERE FOR MORE INFORMATION ON USING SAGE LIVING TO HELP RELOCATE YOUR TENANT

3. Contact Sage Living + Notify Them of The Sale

Its very important to understand that selling your suite may result in one of two scenarios:

2. Cancelling Your Management

CLICK HERE FOR TERMINATION OF MANAGEMENT AGREEMENT FORM

This process can take more time, does come at a cost to the Owner and may include various other arrangements. No two management cancellations are exactly the same.

This scenario will normally occur when the Owner wishes to sell their suite and the purchaser does not wish to continue with the Owner’s current services contracted through Sage Living.

First - The Owner would review and sign complete the agreement in full and provide payment to Sage Living.
NOTE: Sage Living cannot begin this process without first receiving payment in full

SECOND - Continue to review and complete the steps as needed and dated on the agreement. This includes the Date of Last Rent Collection, Date of Management Cancellation, and Date of Final Accounting

FINAL - The Management Service will terminate as per the arrangements made within the agreement

1. Transferring Your Management

CLICK HERE FOR TRANSFER OF MANAGEMENT AGREEMENT FORM

This is relatively quick and easy to complete.

This will normally take place when an Owner is selling their suite to someone who would like to continue with the services received by the current Owner.

FIRST - We will require the Owner and the Purchaser complete the Transfer of Management.

SECOND - We will collect the information and work to coordinate the needed adjustments to billing

FINAL - The Management Service will transfer on the provided date within the agreement form

Still Have Questions?
No Problem, We Are Here To Help!

Click the button below to contact Sage Living

Selling My Suite + Transferring Management Services

We Understand You Would Like to Transfer Your Management Services to the New or Future Owner of Your Suite

No Problem, We are Here to Help!

Transferring Your Management Services

CLICK HERE FOR TRANSFER OF MANAGEMENT AGREEMENT FORM

This is relatively quick and easy to complete.

This will normally take place when an Owner is selling their suite and the purchaser would like to continue with the current management services. This will also normally result in the continuation of the lease agreement and rental program.

FIRST - We will require the Owner and the Purchaser complete the Transfer of Management.

SECOND - We will collect the information and work to coordinate the needed adjustments to billing

FINAL - The Management Service will transfer on the provided date within the agreement form

This can be a super easy 3-Step process, but if complications occur, not to worry you can always contact Sage Living - We are Here to Help!

Still Have Questions?
No Problem, We Are Here To Help!

Click the button below to contact Sage Living

Tenant Relocation Services

Need to Relocate Your Tenant to Help Sell Your Suite?

We are Here to Help!

Tenant Relocation Services are a new feature Owners can use to help relocate their Tenants when attempting to sell their suite with vacant possession.

CLICK HERE FOR A COPY OF THE TENANT RELOCATION WAIVER

While we can’t guarantee being able to relocate your Tenant, Sage Living has a high success rate in assisting Owners by relocating their Tenants to different suites.

You may want to review the agreement to familiarize yourself with the conditions of the arrangement:
1. The Owner will pay a set fee to attempt relocation efforts for a minimum of 2-weeks
2. If relocation efforts take longer than 2-weeks, additional attempts and compensation may be required
3. The Tenant may refuse all relocation efforts made by Sage Living, the Owner or the Owner’s agents and the Owner may need to provide additional compensation directly to the Tenant to help convince the Tenant to relocate

Still Have Questions?
No Problem, We Are Here To Help!

Click the button below to contact Sage Living