Briarlane considers the rent review process to be an integral part of managing any property within its portfolio. It is for this reason, with the exception of costs relating to rent review consulting, that Briarlane considers this to be part of the management services provided and therefore included within the management fee.
Briarlane will analyze the benefits of applying to Rent Review for each individual property
Briarlane will determine if each property requires capital improvements and the cost benefit to obtained to the owner by applying to Rent Review
Briarlane prepares a detailed property by property analysis of capital costs and the impact each cost will have on future rent increases within each building. This information enables the property owner to make an informed and selective decision with respect to the proposed renovation / rehabilitation action plan
Scheduling of capital works is of vital importance for the following reasons:
- seasonal limitations
- tenancy agreement anniversary dates
Proper scheduling will achieve the maximum rent increases as quickly as possible from the largest number of tenants within the building
Briarlane will provide the rent review consultant retained by the property owner with all of the documentation necessary for the proper filing of the application to increase the rents
Representatives of Briarlane will serve all of the required documents on the tenants and will attend at all rent review hearings with the owner's rent review consultant
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