Condominium Management
Condominium Management
The key to effective and efficient management of a Condominium Corporation is achieved through strong communication, education and experience.
Our full-service Management services are responsible for providing Board members and residents peace of mind knowing that all aspects of your Condominium are well cared for. Our Management team is experienced in managing all types of Condominiums including; high-rise, low-rise, townhouse, vacant land, mixed use, residential, and commercial. We also have in-depth experience managing joint use and shared facilities. Our customer service-oriented team, understands that each Condominium is unique and that each problem requires a difference approach. Our pro-active Management style results in a stronger financial position and well-cared for properties. Our focus on strong and effective communication provides a comfortable and more harmonious Condominium experience.
Our Managers and Administrators are dedicated to on-going education and training. Each member of our Management team holds a license under the Condominium Management Regulatory Authority of Ontario (CMRAO).
Condominium Management
- We will provide you with a knowledgeable and experienced Management Team
- Our Managers carry work loads that allow them to manage effectively
- We provide you with 24 hour emergency response to ensure that all emergencies are dealt with immediately and are cost-effective
Problem Solving / Troubleshooting
- Our Team is dedicated to resolving problems
- Our in-depth Building knowledge gives us the ability to solve complex building problems that others cannot
Building Repairs and Maintenance
- We provide Annual and Monthly planning and reporting
- Comprehensive property inspections
- Supervision and liaison with Contractors and service providers
- Supervision and selection of Building staff
- Administration of RFQ’s and RFP’s
- In-depth knowledge of Building components, mechanical and electrical systems
- Regular contract review
- Regular and routine inspections
- Repair and Maintenance response policy
Communication
- 24 hour emergency response service answered by On-Call personnel (not an answering service)
- Preparation of all notices and letters
- Issuing welcome letters to new Owner/Tenants
- Attendance at all Board meetings
- Attendance at Owners meetings
- Management and Administration of Internal Web Portals
- 24 hour response policy
- Website & Web-portal administration
Financial Administration and Planning
- Annual budget preparation and implementation
- Arrange for appropriate Reserve Fund Study with qualified Engineer or consultant
- Negotiation of preferred bank interest rates and banking fees
- Collection of monthly common element fees
- Collection of accounts receivables
- Administration of accounts payables and contractual obligations
- Cheque collection and electronic fund transfer (EFTs)
- Preparation of monthly financial statements
- Preparation and administration of Status Certificates
- Procurement Policies
Compliance
- Licensed Managers under the CMRAO (Condominium Managers Regulatory Authority of Ontario
- Licensed Financial Administrators under the CMRAO
- Registered Condominium Manager’s (RCM)
- Regular compliance with the CAO (Condominium Authority of Ontario)
- Regular compliance of CAO reporting requirements