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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 immovable require a certain level of knowledge. In addition, a condo manager must demonstrate professional interpersonal skills, that is to say to be a good communicator, to act…...
The management contract determines the obligations and the remuneration method of the manager specifying the duration and the nature of the mandate. In principle, it is up to the board of directors to set the guidelines of the management contract and so, based on the size and the specifics of the co-ownership (condominium). The procedures for appointing and replacing the manager are usually outlined in the constituting act of the co-ownership. The management contract helps avoid ambiguities regarding the provided…...
The syndicate of co-owner’s mission is to ensure the preservation of the immovable and the maintenance of the common portions; to ensure that the building is in good condition, the syndicate involves various service providers. Technical and property management aim to conserve the common portions; in addition, a well-maintained immovable necessarily involves carrying out the necessary work to avoid the deterioration of the common portions. Furthermore, to perform the tasks correctly, it is essential that the syndicate sets up a maintenance logbook,…...
The administration of a syndicate of co-owners requires financial expertise, which is vital for the proper functioning of the co-ownership (condominium). In collaboration with the board of directors, the condo manager ensures budgetary balance and financial management which includes budget preparation, account management, and the distribution of common expenses (condo fees); he also plays an essential role in treasury management handling bank transactions, investments in contingency and self-insurance funds as well as bill payments. Additionally, the manager is responsible for managing…...
The management of a co-ownership (condominium) involves an administrative aspect that requires the implementation of strict control procedures. Efficiency in carrying out these administrative tasks is essential to ensure smooth and effective management within a syndicate of co-owners; despite their potential complexity, these responsibilities are crucial for ensuring transparency and order in the operation of the co-ownership. As a frontline actor, the condo manager plays a key role in the implementation and monitoring of these procedures thus ensuring the smooth…...
The law does not set out a list of the various tasks that may be assigned to the condo manager; the latter receives its mandate from the board of directors to manage all or part of the affairs of the co-ownership (condominium). The manager assists and advises the directors, he ensures the smooth operation of the syndicate, he makes life easier for everyone and he takes care of the most important asset of the co-owners, that is…...
Extrait du TVA nouvelles du 27 mars 2013 {flv}Hausse_frais_de_copropriete_Reportage_TVA_27mars2013{/flv} ...
Extrait de l'émission animée par Georges Pothier au Canal Argent du 17 novembre 2011....
