Session 3 - Understanding Strata Financials (1 PDP Credit)
This self-paced, accredited course is designed for licensed REALTORS® in British Columbia who work with strata-titled properties and want a clearer understanding of strata financial information. The session focuses on how to read and interpret key financial documents, including operating budgets, income statements, balance sheets, and contingency reserve fund information. Common issues and limitations in financial reporting are discussed, along with how financials should be reviewed alongside other strata documents. Practical guidance is provided to help REALTORS® identify potential concerns, ask better questions, and communicate financial information clearly with clients when reviewing strata-titled properties. This session is delivered as a self-paced online course. Successful completion of a required end-of-course quiz is required to receive a certificate of completion and one accredited PDP hour.
$29.99
Presenter: Ryan Stenquist
Ryan is a licensed real estate professional in British Columbia with experience working with strata corporations, REALTORS®, buyers, and sellers across the province. He specializes in strata document review, consulting, and education, with a focus on risk awareness, disclosure obligations, and practical best practices for real estate professionals.
Curriculum
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1
Welcome!
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Welcome from Ryan Stenquist (Instructor)
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2
Introduction
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Introduction
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Knowledge Check
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3
Financials Overview
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Financials Overview
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Knowledge Check
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4
Cash vs. Accrual Accounting
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Cash vs. Accrual Accounting
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Knowledge Check
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5
Special Levy Example
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Special Levy Example
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Knowledge Check
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6
CRF Loan Example
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CRF Loan Example
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Knowledge Check
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7
CRF Error Example
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CRF Error Example
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Knowledge Check
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8
Operating Deficit Error
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Operating Deficit Error
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Knowledge Check
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9
Operating Surplus Example
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Operating Surplus Example
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Knowledge Check
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10
Recap & Resources
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Recap & Resources
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11
Accreditation Quiz
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Understanding Strata Financials - Quiz
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12
Downloads
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Cash vs. Accrual Quick Reference Sheets
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(Included in full purchase)
Ready to Elevate Your Expertise?
Enroll now to access exclusive insights, professional guidance, and accreditation in strata documents.
$29.99