Deposit & Release Management (RealtiBuilderSales® Condo Ontario)

Deposit & Release Management (RealtiBuilderSales® Condo Ontario)

You can manage all deposits and releases for your projects in RealtiBuilderSales.
  1. Enter all deposits with payment method and other details into your unit files in each project.
  2. Enable and run Auto Clear, a feature that automatically updates the status of entered deposits to ‘Clear’ daily, based on payment method and other criteria.
  3. See a running total of funds available for release at the file level and/or release at the project level.
  4. Enter trust account interest accumulated on deposits so that the system can add the interest amounts to the total funds available for release.
  5. Enter holdbacks at the file level, project level, or when adding a new project release.
  6. Add releases from various sources (Tarion, ECDI, upgrades, interest):
    1. release at the project level -  draw releases and/or final release. Adding a release at the project level will show you all units with funds available.
    2. release at the file level per unit - adjustments in/out, refunds, etc.
  7. Run customizable reports for deposits and releases:
    1. Project Deposit Report
    2. Project Release Report
    3. Project Release Report (Adjustments Only)
    4. Schedule for ECDI Report
    5. Schedule for ECDI Report (Adjustments Only)

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      Billing, Accounting Integrations, Admin Functions & Reports

      File Creation, Document Creation, and other general topics

      Province-specific information for AB clients

      Province-specific information for BC clients

      Province-specific information for MB clients

      Province-specific information for ON clients

      Province-specific information for NS clients

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