Fall 2004 Issue - Alberta Residential Landlord Association
Transcription
Fall 2004 Issue - Alberta Residential Landlord Association
VOLUME 9 ISSUE 3 FALL 2004 7TH ANNUAL TRADE SHOW & CONFERENCE COMING TO THE NORTHLANDS AGRICOM! by Kelley Keehn, Chairperson Trade Show Committee Stressed Out? Need to Increase Profits? Lacking Energy? For no money down, no interest and no payments you can attend this year’s “Manage Your Health - Manage Your Wealth” Tradeshow on October 19th at the Northlands AgriCom! We have FREE ADMISSION, FREE PARKING & FREE SEMINARS for you, your staff, family and friends. 6. You’ve lived in Alberta all of your life and have never stayed at the Banff Springs Hotel or experienced one of their luxurious spa treatments. Come and enter the Grand Prize Draw Give-A-Way. 5. It is EAA’s 10th operating Anniversary. Rumor has it that there is going to be an “academy award” style luncheon honouring the original “Four Founders” of the EAA and although you’re not sure if there will be a red carpet, you know you “must be seen”. 4. What more can we say… the lunch menu was delicious last year! 3. One Stop Trade Shopping - Get informed on what new services and products are available this year! Lots of exhibitors to assist you with making the best choice for your buildings! 2. Because you owe it to you and your staff to show off that you belong to one of the best non-profit organizations around! 1. And… last but not least, the number one reason to attend this year’s EAA Tradeshow and Founder’s Recognition luncheon (drum roll here)… You’ll just have to come and find out! Top 10 reasons to attend this year’s Suite Smart Tradeshow & Founders Recognition Luncheon: 10. You don't know what “Feng Shui” is? Join us at the morning seminar and we will teach you the Chinese ancient art of arranging your home, suites, and/or office to create positive change and harmony. Donald Trump can’t be wrong. He has spent millions on his properties! 9. Your feet are already tired and the thought of walking on cement all day is not overly exciting. What you don’t know is that we’ll have FREE MASSAGES and FREE STRESS RELIVING live demonstrations throughout the day! Come & check these out! 8. Ohhh… the prizes… if you would have only come a bit earlier last year and entered your name for free prize draw give-a-ways. There will be so many fantastic prizes this year you may have your Christmas shopping covered by the end of the show! 7. Two FREE Educational Seminars. Increase your knowledge base and put more dollars back in your pocket. INSIDE THIS ISSUE President’s Message ............................................................. 3 EAA Board of Directors ........................................................3 Schedule of Events ................................................................. 3 Rental Market Outlook ......................................................... 4 Canadian Paraplegic Assoc ................................................6 Stephen Mandel Speaks Out .............................................7 Designing for Dollars Pt. I .............................................. 8-9 Lease Agreement Forms ................................................... 10 New RTA Legislation ................................................... 11-12 CFAA Conference 2004 ..................................................... 14 Welcome New Members ................................................... 16 Crime Free Multi-Housing Program ............................. 17 Join the EAA .......................................................................... 18 EDMONTON APARTMENT ASSOCIATION Phone: (780) 413-9773 Fax: (780) 413-9802 #200, 10787 - 180 Street, Edmonton, AB T5S 1G6 www.eaa.ab.ca executive@eaa.ab.ca The opinions expressed in any article in the Rental Gazette are those of the author of that article and not necessarily those of the Edmonton Apartment Association. 2 The Rental Gazette Fall 2004 www.eaa.ab.ca PRESIDENT’S MESSAGE Barry T. Wiedman, President I hope everyone had a great summer. Although there wasn’t enough of it this year, the sunshine was certainly welcome and it’s always nice to get out and take advantage as it warms up the lakes and mountains. I never managed a full holiday, but I did get to take my youngest son on a weekend trail ride and, a few weeks later, I spent two days rafting on the Red Deer River with my two teenage boys. Both of these getaways were outstanding and I was able to do things that I’ve wanted to do for a long time. Besides more elections, there is an event this year that you will not want to miss. The Suite Smart 2004 Trade Show is shaping up to be educational, entertaining and a celebration as the Edmonton Apartment Association commemorates its 10th birthday. One other outstanding event this summer was the Canadian Federation of Apartment Associations (CFAA) conference in Winnipeg. Clarence Rusnell, EAA 2nd V.P., and I attended this important annual conference representing the EAA. Our hosts were gracious and we shared experiences with delegates from other apartment associations from coast to coast. Because of the EAA’s membership in CFAA, you are represented at the national level and your interests are made known to the Federal government and national organizations that have or could have an impact on our industry. Kelly Keehn of Keehn Financial Inc. will hold a FREE seminar on wealth management and Sonny Mirth and Paul Eastwood of Reynolds, Mirth, Richard and Farmer will present a FREE seminar on the new Residential Tenancies Act that becomes law on November 1, 2004. With the federal election now over, we still have a municipal as well as a probable provincial election this year. In June, Mayor Bill Smith addressed our luncheon and spoke to issues important to our association. At our September luncheon, mayoral candidate Robert Noce will do the same and an interview with candidate Stephen Mandel appears in this issue of the Rental Gazette. I hope this provides balance to the top mayoral candidates and sheds light on their positions, especially those that relate to residential rental issues. The residential split mill rate issue will likely resurface in November when the City’s Executive Committee discusses possible changes to city’s tax structure. Any freshly elected council members will not yet be serving at that point, but I managed to meet several councilors and candidates over the last couple of months and I pressed the split mill rate problem in particular. BOARD OF DIRECTORS 2004 EXECUTIVE There will be booths set up by our service members to provide tips, techniques and innovative solutions that can save us time and money. As you make your rounds, you will enter draws where you actually have a pretty good chance of winning something and from what I’ve seen, the prizes are looking very good this year! Throughout the day, there will be live entertainment including line dancing and much more. The Founders Luncheon will be the focal point of our birthday celebration as we honour the founders of the Edmonton Apartment Association and celebrate our 10 years with an entertaining video presentation. Don’t forget to confirm your attendance at the Founders Luncheon as quickly as possible by contacting the EAA office. The trade show is valuable to everyone in your organization. Please help make the trade show bigger and better than ever by making sure that all of your managers, maintenance and other staff are aware of the event and able to attend! MARK YOUR CALENDAR! EVENTS SCHEDULE 2004 BARRY WIEDMAN, President ELIZABETH OSTOLOSKY, Past President SONNY CROWLEY, 1st Vice-President CLARENCE RUSNELL, 2nd Vice-President MICKIE POON, Treasurer DIRECTORS MATTHEW BARNES, Benefits LYNNE CHRISTENSON, Director at Large GRACE FRISCHKNET, Education KELLY KEEHN, Trade Show BOB HILLIER, Newsletter ARVIND KAPUR, Membership RICK LINKLATER, Constitutional TRAVIS MYNZAK, Public Affairs DONNA MONKHOUSE, Program & Social BEN SEUTTER, Director at Large DARRELL SHERMAK, Gov’t Liaison October 19 ..................................... Trade Show & Conference Northlands Agricom, Hall C Seminar 1 - “New RTA Changes Coming” Learn how these changes will impact you. Seminar 2 - “Selling Now, Selling Later” Creative strategies to beating the tax man when selling your properties. October 19 .......................... Founder Recognition Luncheon Northlands Agricom, Hall C November 8/9 ............... Crime Free Multi-Housing Course November 9 ............. Crime Free Re-Certification (2000-2002) November 16 ................................... Annual General Meeting & Board Elections STAFF LYNN BIGGS, Administrator www.eaa.ab.ca December 7 ..................................................... Christmas Social The Rental Gazette Fall 2004 3 EDMONTON RENTAL MARKET OUTLOOK - FALL 2004 by Richard J. Goatcher CMHC’s annual Rental Market Survey will take place during the first two weeks of October, with results to be released during the last week of November. This year CMHC expects to find a Metro-wide apartment vacancy rate of around five per cent, up from 3.4 per cent in October 2003 and 1.9 per cent in the fall of 2002. With a strong economy creating firm demand for all housing types, why are vacancies rising? It’s a matter of new supply outpacing the growth in demand across the region. Back-to-back years of multi-family starts of over 5,500 units have bolstered the supply of new apartments and townhouses available for rent across Metro. As of July 2004, the total supply of new multi-family units in Greater Edmonton was 16 per cent higher than levels reported in July 2003. CMHC considers new supply as all units currently under construction plus those which are completed and unoccupied (unabsorbed). Inventories of completed and unoccupied rental apartments remain high this summer relative to the current absorption rates. As well, a substantial number of new condo apartments that have either recentlycompleted or are currently under-construction have been purchased by investors who intend to rent them out. Conversions of non-residential units (e.g. vacant warehouse and office space) into rental and condo apartments continue in Edmonton's downtown, also adding new inventory to the rental market. to a strong labour market, the lowest unemployment rates among any Metro in Canada and continued relatively low mortgage rates. To the end of July, sales in the existing home market were running at record levels in Edmonton. Many landlords are offering incentives such as one month’s free rent or a two-year lease to help combat losses to the ownership market. Going forward into 2005, CMHC expects apartment vacancies to decline slightly to the 4.5 per cent range. This is contingent on a continuation in the slowdown in multi-family construction which began this March. Most of the new rental product entering the market is positioned at the upper end of the price spectrum (e.g. $850+/month). However, older buildings that have not been well-maintained and are priced in the $600-$800 rent ranges will experience higher vacancies this fall. Vacancies in the moderately-priced product of under $500/month are expected to remain well below-average but will nonetheless show some elevation from the numbers witnessed in October 2003. Richard J. Goatcher Sr. Market Analyst Alberta (North) & NWT CMHC Edmonton (780) 423-8729 e-mail: richard.goatcher@cmhc.ca Chart courtesy of CB Richard Ellis 4 The Rental Gazette Fall 2004 www.eaa.ab.ca EAA SEARCHING FOR A NEW HOME! The EAA is nearing the end of its lease and we are seeking a new locale. We are currently leasing just under 900 square feet and are seeking space of a similar size. We require the following: 1) 2) 3) 4) 5) 6) 7) Central Location At least one office within the premises Room to accommodate 2 other staff (reception area etc.) Storage space Kitchen space including a sink Access to a meeting room and conference area is preferred Parking (we will need at least 2 parking stalls. We will also require close access to casual parking as the various committees typically can meet at the office) 8) Competitive rate We are informing our membership of the need in the event that the membership has opportunities for lease in their various properties. Please contact Lynn Biggs at the EAA office (413-9773) should you have an interest in leasing the EAA space. Thank you. www.eaa.ab.ca The Rental Gazette Fall 2004 5 THE CANADIAN PARAPLEGIC ASSOCIATION NEEDS YOUR HELP! Finding an apartment suite can be a stressful experience, but for the more than 5,000 Edmontonians with mobility impairments, finding suitable living arrangements is often impossible. That is why the Canadian Paraplegic Association is creating an inventory of wheelchair-accessible housing available for rent in Edmonton. It is hoped that this information can be used not only by wheelchair users in search of a place to live, but also by local housing associations and non-profit organizations concerned with the current state of accessible housing in Edmonton and surrounding areas. Do you own or manage buildings which are “wheelchair friendly”? Have you made any structural changes to your buildings or suites that make them more accommodating for wheelchair users? Over the next few months a representative from CPA will be calling local property management companies to find out about the accessibility of their buildings. We hope to track not only information on individual properties but also record contact information for the management bodies behind the buildings. This will enable you and 6 The Rental Gazette Fall 2004 by Jenny Ryan your company to obtain information on many aspects of this issue, including the housing needs of wheelchair users, the benefits of wheelchair-adaptations, and the various government grants available to property management companies looking to make modifications for wheelchair access. If you have any questions about the housing inventory, or if you know that your company is currently managing “wheelchair friendly” buildings, please let us know. Call Jenny at (780) 424-6312 ext. 2234, or email jenny.ryan@cpa-ab.org. We appreciate all your help with this important and needed endeavour. www.eaa.ab.ca STEPHEN MANDEL SPEAKS OUT! by Bert H. Kamphius, MBA, Partner, J.J. Barnicke Edmonton Ltd. On September 3, 2004, I had the opportunity to sit down with mayoral candidate, Mr. Stephen Mandel. Mr. Mandel has a solid business background, and I thought it would be interesting to get his views on some of the issues facing apartment owners. THE SPLIT MILL RATE - Mr. Mandel does not oppose the current Split Mill Rate. He says the current surcharge of 20% is because “apartment rental” is business (as compared to “condo ownership” is personal; in as much, all businesses are taxed. He suggests that although it is possible to eliminate the 20% surcharge on property tax, and instead institute a business tax, the result will be the same. He also notes that Commercial real estate, such as warehouses, shopping centres and office buildings, are taxed even higher than apartment properties. Mr. Mandel does however strongly recommend that the entire property tax structure for all real estate be reviewed and overhauled. He proposes the need for an “elastic” tax - one that results in increased tax revenue with an increasing economy, not www.eaa.ab.ca simply continued increases in real estate property tax. PROPERTY ASSESSMENT MODEL - Mr. Mandel agrees that the model is not perfect, and never will be and believes it is probably impossible to achieve a perfect model. A few years ago, the property tax on commercial properties received a substantial increase. In 2004, it was apartment buildings. He notes that the money has to come from somewhere. He explains that since approximately 50% of the City’s tax revenue comes from residential real estate and 50% from commercial, you would upset a much greater percentage of the population if the single-family housing rates were to increase. WASTE MANAGEMENT FEES - Mandel understands that Edmonton’s fees are higher than most cities because of our emphasis on recycling and composting. Although he realizes that we are probably leaders in that field, he also infers that that does not mean we should be, however previous councils made those decisions. FIRE DEPARTMENT UPGRADES - We must find out why the fire department is “recommending/forcing” these changes. Mr. Mandel says that if it is unsafe then it should be fixed. If it is not unsafe, then it should be left alone. AFFORDABLE HOUSING - Mr. Mandel reasons that low-income housing creates ghettos, and therefore government subsidies should flow with the person, not with the property. That way a low-income person is able to live in the same building and neighborhood as those people not requiring subsidy - at least to some degree. IN SUMMARY - Mr. Mandel would like to see a process where certain focus groups or user groups present their concerns to Council to voice any problems, suggest how to change it and explain what should be done; the City will listen. This would apply to all people affected by City regulations, procedures, fees or taxes. The Rental Gazette Fall 2004 7 DESIGNING FOR DOLLARS… You know about maximizing rental profits with proper management, good tenants, regular maintenance, and smart tax accounting but, how much do you consider design? design. It is not just about aesthetics and making a space feel good, which many design articles discuss in depth. “Designing for Dollars” is about the less publicized subject of designing for efficiency, safety, highest use of square footage, attracting tenants, and increasing overall value. WHAT IS DESIGN FOR LANDLORDS? Design for landlords is a process that began with the original architect or builder and continues with every decision that ensuing people make regarding the physical building and landscape. It involves architecture, planning, layout, materials, organization, etc. It can cost a lot or little in money, time and/or effort. It is about turning negatives into positives. It is about creativity and careful thinking. Design for landlords is about making the most of your investment. WHY IS DESIGN IMPORTANT? In a way, a property with ill-considered design is like a team of smart and well-trained employees, who are only putting out a mediocre effort; and therefore gaining the company only mediocre returns. A welldesigned property is like that same group performing to full potential and yielding the company excellent profits. Like that team, every property has a range of potential. Assuming that your management, maintenance, tenants and accounting are strong, improved design can help you reach the top of your investment’s profit range. You might think, “I can’t afford to design my own house let alone my rentals.” Actually, landlords cannot afford not to pay attention to 8 The Rental Gazette Fall 2004 EFFICIENCY & SAFETY Efficiency is about making your property easy to operate, maintain and live in. For example, at one building, a steep landscape “staircase” created from broken concrete was both a safety and efficiency problem. Because the steps tilted and because it was situated at the edge of the garden, walking up and down levels was a time-consuming and potentially ankle-twisting traverse. It was also cumbersome to get water to the farthest corner because you had to use two hoses. Installing two new staircases in more accessible locations, each near it’s own new water spigot, increased safety and reduced time running back and forth. The new stairs and spigots cost more effort than money, but the reduced liability and maintenance time is more valuable in the long run. HIGHEST USE OF SQUARE FOOTAGE It is a common tenet that to maximize property value, a structure should be of the highest use for its zoning. Now imagine achieving the highest use of every square foot! Such maximization can only come through thoughtful design. www.eaa.ab.ca …A GUIDE FOR LANDLORDS PART I by Jacqueline Ryan In the stair example above, there were even further benefits. The new design gives tenants easy access to the previously, never used, lower garden. This approximately 20’ by 60’ area had a nice, but inaccessible lawn surrounded by invasive ivy and blackberry. It cost money and time in continual cutting. Its only value was as a buffer to the adjacent property. Redesigned with planting, the lower garden would be more private and attractive as well as child and small pet friendly. It could even support a vegetable garden. With these improvements, the lower garden will approach its highest use. rental is home to the tenant. Because tenants don’t own the property, the building design must balance both parties’ needs. Still, the more homelike an environment you can create, the better. Like bees to flowers, attractive properties attract tenants. If price, location and amenities are equal, renters will pick the most interesting space. Nicely designed units rent faster, reducing advertising costs and showing time. The well-tended property indicates good management. It feels safer and may even be healthier with fewer allergens. Renters will also pay more for appeal. It all adds to the bottom line. INCREASE BUILDING VALUE ATTRACT TENANTS If tenants didn’t care, design would be fruitless. However, at various levels, they do care. While rentals are investments to the owner, that Good design also makes rentals more valuable overall. Increased efficiency, safety and highest use of square footage all contribute to better expense ratios, which according to Richard M. Betts in Basic Real Estate Appraisal is the third greatest factor in appraising income property. Betts writes, “properties with lower operating expenses will normally sell for a higher gross multiplier. Investors are interested in the net, not the gross, income.” A building’s attractiveness falls under the category of “intangible amenities,” which Betts classifies as the second most important appraisal factor after location. He says the Gross Rent Multipliers would typically be higher for a structure of “unusual charm.” So whether you’re looking for the highest price or greatest equity, design is your ally. WHO IS THE DESIGNER? Design for landlords differs from design for single-family homes and and large-scale apartments in that the designer is generally going to be you, a manager, a tenant, or a tradesperson—someone who is probably not a professional designer. Your design is more apt to involve remodeling than building new. The budget is generally smaller than for giant projects. You’re trying to please more people than just yourself or family. The design is less personal than working on your own home, but has the potential to be more personal than a property owned by a corporation. Like any creative endeavor, design for landlords can be intimidating. Your ideas are being expressed in public view where they can be criticized. However, improving the design of your rentals can also be a tremendous opportunity. Here’s a chance to play architect, decorator or cabinetmaker. Get a workout landscaping. Teach the kids in carpentry. Have a friendly work party. Not only is it a way to make the most of your investment; it can be a way to make more of your life! www.eaa.ab.ca The Rental Gazette Fall 2004 9 Edmonton Apartment Association PRICE LIST LANDLORD FORMS Member JOIN THE EAA — SEE PG. 18 — 10 The Rental Gazette Fall 2004 Non-Member EAA Residential Tenancy Agreement $1.00 $2.00 #94-010 $0.50 $1.00 Application Form #94-012 In & Out Inspection Form $1.00 $2.00 #94-020 Rent Increase Notice $0.50 $1.00 #94-021 25 Hr Notice to Inspect/Show $0.50 $1.00 #94-030 Substantial Breach Eviction Notice $0.50 $1.00 #94-032 48 Hr Notice to Terminate $0.50 $1.00 #94-040 No Fault Termination Notice $0.50 $1.00 #94-041 Employee Termination Notice $0.50 $1.00 #94-043 Tenant’s Termination Notice $0.50 $1.00 #94-044 Statement of Account/Security Deposit $0.50 $1.00 #94-061 Common Question & Answer Booklet $10.00 $15.00 All forms are NCR paper in two or three parts. Prices subject to change without notice. To place an order please contact: Lynn Biggs at the EAA office at (780) 413-9773 www.eaa.ab.ca NEW RTA LEGISLATION IN EFFECT NOVEMBER 1, 2004 by Laurie Beveridge Strengthening the connection between landlords and tenants is simply good business and one way to reinforce the relationship is for both sides to respect the obligations each has to the other. The Government of Alberta is guiding this effort through amendments to Alberta’s Residential Tenancies Act (RTA) that take effect November 1, 2004. now living in rental accommodation the government recognized the need to keep pace with changes in the rental housing industry. The amendments, approved by the legislature in March this year, are the result of a comprehensive two-year consultation process that included numerous tenant, landlord and advocacy groups as well as legal experts. The amendments strike a stronger balance between the rights and responsibilities of landlords and tenants. For example, they clarify provisions in existing legislation, provide a voluntary alternative method for resolving disputes, ensure rental housing meets acceptable public health standards and set the notice period for eviction to 24 hours if a tenant assaults or threatens a landlord or another tenant. A copy of the current and new legislation, along with a general information tipsheet, is available on the Alberta Government Services website at www.gov.ab.ca/gs. Landlords can also review a new Table of Concordance that identifies changes in the legislation and the reasons for them. • New definitions for “Taking and Giving up Possession” of a residential premise; if a tenant pays the required security deposit and rent and is given the keys, the tenant is considered to have taken possession of the premises. When the tenancy agreement ends, if the tenant has paid the rent but has not turned in the keys, the tenant is not considered to have given up possession of the premises. This does not apply if both parties agree that the tenant has given up possession of the premises or the landlord believes the tenant has repudiated the agreement or abandoned the premises. For more information, call the Consumer Information Centre’s toll free line at 1-877-4274088 or purchase a copy of the new legislation from the Queen's Printer Bookstore in Edmonton or Calgary. • When the landlord gives a tenant notice to increase the rent, the notice must include the date on which the increase in rent is to be effective. The landlord must date and sign the notice. If the notice does not The RTA was last amended in 1992. However, with an estimated 50 per cent of Albertans CHANGES AFFECTING YOU continued… www.eaa.ab.ca The Rental Gazette Fall 2004 11 RTA LEGISLATION CONT… comply with the requirements it becomes void. If a tenant pays the increase in rent stated in a notice that does not comply, the tenant may recover the amount by which the rent was increased. • No notice is required to end a fixed term tenancy. The tenancy ends on the date agreed to by both parties. • The section on Landlord’s covenants has been expanded to require rental premises to continually meet the Minimum Housing & Health Standards set out in the Public Health Act. must begin and end at specified times. For example the notice could say the landlord will need to enter the premises on Nov.1, 2004 between 1 p.m. and 3 p.m. • If a landlord consents to a tenant’s request to change the locks, the tenant has to give the landlord a key as soon as the addition or change is made. • Landlords are now required to keep security deposit records, copies of inspection reports, and records relating to the disposal of abandoned goods for three years after the termination of a tenancy. • If a landlord is giving a tenant notice to terminate the tenancy for non-payment of rent, the notice to terminate must include the amount of the rent due as of the date of the notice and any additional rent that may become due during the notice period. The notice must also state that the tenancy will not be terminated if, on or before the termination date specified in the notice, the tenant pays the rent and any additional rent due as of the date of payment. • The date and time of a notice to enter a residential premise may be expressed as a period of time of reasonable duration, which • The notice period for the termination of a tenancy for assault or damage has been reduced from 48 to 24 hours. 12 The Rental Gazette Fall 2004 • The notice period to vacate the residential premise for unauthorized tenants has been reduced from 30 days to 14 days. • When a new landlord takes over a tenancy, they are required to give the tenant within a reasonable period of time, notice of who they are, their address, and a statement of the tenant’s security deposit balance and without cost to the tenant. Laurie Beveridge Assistant Deputy Minister Alberta Government Services www.eaa.ab.ca www.eaa.ab.ca The Rental Gazette Fall 2004 13 CFAA CONFERENCE 2004 The Canadian Federation of Apartment Associations (CFAA) held its annual conference and AGM August 12th to 14th in Winnipeg. The Profession Property Managers Association (Manitoba) were terrific hosts that attended to every possible detail. The conference was a great success as delegates from member associations across Canada met to share their local concerns with each other and to develop a plan for the CFAA to present our common issues to government representatives, news media and other organizations that may have common goals. Many local concerns are unique to each province because tenancy laws are written by the provinces. Managing an apartment in British Columbia, for instance, tends to be very different than managing an apartment in Manitoba or Quebec. Although the laws are very different, there are different and somewhat unusual traditions too. In Quebec, one-year fixed term leases are presumed by law to run from July 1st to June 30th, unless otherwise agreed to. This means that moving itself has turned into a celebration of sorts as the Canada Day holiday is also known as Moving Day. Although Moving Day is a fairly extreme example of regional anomalies, there are other interesting differences and, more importantly, many commonalities too. into government subsidized housing. This is not only a federal issue; it must be challenged at all three levels of government. Although these are not small undertakings, they must be addressed so that changes can be achieved in the future. To that extent, specific goals and activities were discussed and priorities were set. Before the conference wrapped up, David McIlveen from the Calgary Apartment Association accepted the position of CFAA Chairperson, replacing Vince Brescia of Ontario’s Fair Rental Policy Organization. As well, it was decided that the British Columbia Apartment Owners and Managers Association will host next year’s CFAA conference in Vancouver. The CFAA President, John Dickie, invites anyone interested in corresponding to the government on these national issues to become involved. John has created an outline that will help in the drafting of a letter. Please contact Lynn Biggs at the EAA office for more details. Federal government policies affect every province and all CFAA member organizations as well as Edmonton Apartment Association members. The impact of these policies on the rental housing industry and its customers is significant. For one thing, the tax regime on the apartment industry prohibits capital gains “rollovers” and provides lower capital cost allowances than other forms of real estate investments. Other federal tax policies affecting the apartment industry are also overly “taxing.” Another problem is that federal initiatives to provide affordable housing favour the construction of new housing rather than providing increased shelter allowances to households in need. The CFAA points out that shelter allowances are more economical than earmarking money to new construction and that Canadians should be free to choose where they want to live rather than be directed 14 The Rental Gazette Fall 2004 www.eaa.ab.ca 17303- 105 Avenue Edmonton, Alberta T5S 1H2 www.eaa.ab.ca Tel: (780) 455-8200 Fax: (780) 447-5897 Cell: (780) 991-8888 The Rental Gazette Fall 2004 15 WELCOME NEW MEMBERS! The Edmonton Apartment Association is pleased to welcome the following new members: “PREFERRED SUPPLIER” SERVICE MEMBERS OWNER / MANAGER MEMBERS Clean Effects ............................................... Douglas Burke 1011085 Alberta Ltd. ............. Jana Willow & Michael Dancer ColorMedics ............................................... Karen West CareVest Capital Inc. .............................. Robert Inkpen Kitchen Craft Cabinetry ............................. Rick Hlady Pepsi Bottling Group .................................. Mike Zurawell McAleese ................................................. Lynn McAleese Realty Assessment Advisors ...................... John Trelford New Dimension Investments Inc. ........ Paul Falkowski A&G Expert Painting .................................. Kent Braun M5 Properties ......................................... Andrew Murrie 16 The Rental Gazette Fall 2004 www.eaa.ab.ca EDMONTON POLICE SERVICE CRIME PREVENTION UNIT & THE EDMONTON APARTMENT ASSOCIATION Crime Free Multi-Housing Program of Edmonton Presented By Edmonton Police Service & Edmonton Apartment Association PRICE LIST & ORDER FORM BUILDING MUST BE CERTIFICATED IN ORDER TO PURCHASE present 1. RESIDENTIAL TENANCY ADDENDUM AGREEMENTS THE EDMONTON CRIME FREE MULTI-HOUSING PROGRAM Re-Certification Phase I Tuesday, November 9, 2004 at 1:00 pm Grey Nuns Conference Centre 9810 - 165 Street, Edmonton, AB $ 1 - 25 forms .............................. $0.50 / form 26 - 50 forms ........................... $0.45 / form 51 - 100 forms ......................... $0.36 / form 101 - 199 forms ....................... $0.30 / form Bundles of 200 ........................ $0.25 / form ($50.00) 2. METAL IDENTIFICATION SIGNS _____ “We have joined the Crime Free Multi-Housing Program ........ $ N/C _____ “Stop Thief” ................................................................................................ $ N/C 00 Cost: 30. per person If you have previously taken the CFMH Course between All forms are NCR paper in two or three parts. Prices subject to change without notice. 2000 and 2002, you are coming up for Phase I Re-Certification. To place an order please contact: Please contact the EAA Office at 413-9773 to register. Lynn Biggs at the EAA office at (780) 413-9773 www.eaa.ab.ca The Rental Gazette Fall 2004 17 The Landlord Resource Join the Edmonton Apartment Association Today! WHAT YOU RECEIVE: WHAT YOU PAY: Government Lobbying 1 - 75 Units • City of Edmonton multi-family tax rate currently 20% higher than single family (as low as 13.8¢ per suite per month) • Alberta Government revamping the Residential Tenancies Act 76 - 250 Units • Working with Canadian Federation of Apartment Associations on federal tax issues (as low as 8.3¢ per suite per month) 251 - 500 Units Member Discounts • EAA Advantage Program offers discounts of up to 35% from Service Member suppliers on products such as appliances, building materials, coin laundry, computer systems, fire & security, lighting, paint, sundecks/balconies and services such as advertising, bailiff/seizure, building maintenance, duct cleaning, sewer/drain cleaning, video drain inspection = $125 / yr = $250 / yr = $400 / yr (as low as 6.6¢ per suite per month) 501 + Units = $750 / yr Service Members = $400 / yr • Discount program with national supplier of credit report, collections and bad tenant database • EAA Building Insurance Program provides an opportunity for a two-stage discount on your apartment building insurance premiums. Education & Information Programs • Annual trade show & conference featuring apartmentindustry exhibitors and seminars conducted by worldclass experts • Monthly educational seminars on topics that pertain directly to apartment management • Free annual subscription to Rental Gazette • Opportunity to enroll, at discounted rates, in the Edmonton Police Service Crime Free Multi-Housing Program Networking & Social Programs • Monthly member luncheons featuring informative guest speakers and an opportunity to meet with building owners, property managers, contractors and industry suppliers The Rental Gazette RESIDENTIAL TENANCY AGREEMENT FORMS NOW AVAILABLE FOR PURCHASE! CALL THE EAA OFFICE 413-9773 • Annual golf tournament 18 N EW EAA Fall 2004 www.eaa.ab.ca www.eaa.ab.ca The Rental Gazette Fall 2004 19