Definition : External management firm

Natural or legal person the mandate of which, under the terms and conditions of a contract for services to insure (entirely or partially) the day to day management of a co-ownership.

Related articles

28/02/2024

Co-ownership fraud

A co-ownership (condominium) is exposed to a variety of risks such as fires, water damages, theft and vandalism acts; among these risks, one that is often overlooked is fraud. The people able to commit fraudulent acts pass sometimes as unsuspected; it may be the case of the director, the co-owner, the condo manager, the service providers and third party members.…...

Management

22/02/2024

Contract for services

The condo manager bound to a syndicate of co-owners by a contract for services does not have the same relationship with his client as the one who has the status of an employee and so, regarding a contract of employment; that being said, regardless of the nature of the relationship between…...

Management

21/02/2024

Termination of the manager's contract

A contract typically comes with an expiration date; this is true for the contractual relationship between the syndicate of co-owners and its condo manager. The agreement can last for years or end abruptly; the flexibility and the adaptability of this agreement efficiently addresses the evolving needs and the changes of both parties. Moreover, loyalty…...

Management

20/02/2024

Manager's remuneration

The contract for services must clearly outline the condo manager's remuneration regarding the day-to-day management services provided for the co-ownership (condominium); this management includes the usual acts that are generally part of the base package but the manager can also request additional fees for extra rendered services.      ...

Management
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19/02/2024

Types of management

Every syndicate of co-owners should retain the services of a condo manager to assist the board of directors carrying out its duties; as a real conductor of the immovable, he has enormous responsibilities to assume because the needs of a co-ownership (condominium) are multiple and complex. That being said, there are three types of management…...

Management
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16/02/2024

Liability related to his responsabilities

The condo manager’s tasks are numerous and so, his civil liability could be engaged. As a mandatary of the syndicate of co-owners, the manager is required to fulfill the terms of his mandate. The manager can incur his liability in two ways: first of all, he can incur his contractual civil liability towards the mandator;…...

Management

14/02/2024

Required competencies

As the person responsible for the management of the syndicate of co-owners’ real estate assets, the condo manager plays a strategic role; his competence level can make the difference especially if the board of directors knows next to nothing in such matters. The functioning of a co-ownership (condominium) as well as the stewardship of the…...

Management
2-copropriete-condo

17/04/2022

Le métier de gestionnaire (syndic de copropriété) en Belgique

Voilà bientôt 30 années que le métier de syndic de copropriété ( dénommé chez vous : gestionnaire de copropriétés) dispose en Belgique d’une reconnaissance légale. Intégré dans les activités d’un agent immobilier, le syndic doit être inscrit auprès de l’Institut Professionnel des agents Immobiliers (I.P.I), organisme public et véritable «…...

Management

05/02/2021

Webradio du 3 février 2021/Gestionnaires et syndicats: le secret d'un mariage réussi

Le choix d'un gestionnaire de copropriété doit être judicieux, car sa relation d'affaires avec un syndicat doit être harmonieuse. Mais comment atteindre cet objectif? Cette webradio offre des pistes de solution, afin d'atteindre l'équilibre qui permet une relation durable entre les deux parties....

Management