RESIDENT INFORMATION MEETING AGENDA 1. INTRODUCTIONS 2. HIGHLIGHT OF FUTURE EVENTS PDI To Turnover 3. INTERIM OCCUPANCY Role Relationship – Declarant / Property Management Sunset Flora Builders Corp. – Responsibilities as the Declarant Brookfield’s Responsibilities Purchaser’s Responsibilities 4. WARRANTY ISSUES In-suite – PDI Common Areas 5. LIVING AT ALLURE CONDOMINIUMS Amenities Security Reminders BROOKFIELD CONDOMINIUM SERVICES LTD. Specializes in management of condominium corporations in Greater Toronto Area. Involved in the management of over 335 condominium corporations and some 71 shared facilities, comprising some 71,000 condominium suites. Have been appointed by Sunset Flora Builders Corp. – Declarant Corporation to start-up and manage Allure Condominiums. In your neighborhood we are managing 33 and 55 Delisle, Granite Place I & II, Thornwood I & II, 38 Avoca, The Metro, The Clairmount, Quantum and 60 St. Clair. Full-time Manager to be situated in Management Office. Our Mission “make the lives of the residents living in Brookfield managed building better”. We accomplish this by providing a complete set of management services to support the condominium and its future Board of Directors as we move through the interim occupancy period, registration, turnover and election of board. FUTURE EVENTS PDI (Pre-Delivery Inspection) First inspection of your unit Listing of any deficiency items Interim Closing Your unit is ready for occupancy Move-In Be sure to reserve an elevator Registration The Condominium Corporation is created Final Closing You get title to your unit Turnover Transfer of Control from Sunset Flora Builders Corp. to an Owner Elected Board No later than 42 days after title transferred to 50% of purchasers INTERIM OCCUPANCY PERIOD It is but it isn’t a condominium . . . SUNSET FLORA BUILDERS CORP. – DECLARANT RESPONSIBILITIES Provide services as set out in Budget Statement Repair and maintain property at its expense Enforce the Rules of proposed condominium Same rights of entry the condominium will have Will notify you upon condo registration and that within 10 days, title transfer occurs Will collect Interim Occupancy Fee Common Charges & Realty Taxes & Interest on Unpaid Purchase Price INTERIM OCCUPANCY PERIOD BROOKFIELD’S RESPONSIBILITY Manage day to day operation of property Set-up initial maintenance contracts Hire and oversee building staff Provide regular communication to residents RESIDENT RESPONSIBILTY Comply with proposed Declaration, By-Laws, Rules Communicate directly with Sunset Flora Builders Corp. Customer Service on Suite Deficiencies Payment of hydro bill (suite) Communicate directly with Brookfield on Condominium Issues Deliveries Insurance – Standard Unit WARRANTY ISSUES IN-SUITE Pre-Delivery Inspection (PDI) completed prior to occupancy List of any construction issues prepared for TARION and for Sunset Flora Builders Corp. Warranty applies for 1 year from date of occupancy initial PDI, 30 days and 1 year reporting procedures for and in between these periods emergency situations excluded contact Customer Service directly by email or phone Advance Notice of Entry to be provided, also Advice Form left in Suite Warranty for defects in workmanship and materials Exclusions Normal Shrinkage Damage by Purchaser Lack of Maintenance Suite Alterations by Owner Secondary Damage Condensation Refer to Homeowner Manual WARRANTY ISSUES COMMON ELEMENTS Warranty on workmanship and materials – 1 Year from Registration Water Penetration, Mechanical and Electrical (PowerTrain) – 2 Years from Registration Major Structural – 7 Years from Registration New Board will engage Engineer to complete Performance Audit for submission to TARION LIVING AT ALLURE CONDOMINIUMS AMENITIES 24 hr. Concierge Billiards / Card Room Designer decorated fully furnished Guest Suite Fitness Studio with Fitness Terrace and Spa Lounge Multi-function / Party Room with Caterer’s Kitchen and Outdoor Terrace Rooftop Sky Deck with Barbecue Grilling Station Dining Room / Board Room LIVING AT ALLURE CONDOMINIUMS Resident Parking Guest Parking Garbage and Recycling Pets Window Coverings Floor Coverings Alterations to Common Elements Including Satellite Dishes Balconies Seasonal Furniture and B.B.Q’s Bicycles Security Maintenance and Repair Obligations Parcel Deliveries – Hand Held Access to your Unit by Others Fire Alarm Procedures/Residents Requiring Assistance For more information on these communities, please visit greenpark.com