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Property Management

Residential Management provides you with a multitude of services based on your specific needs. We provide 24 hour emergency response to ensure all of your concerns are addressed quickly and efficiently.

We have on and off-site services that benefit your property, ranging from assistance with community events and resident communications to all financial record keeping and enforcement of Condominium Act, Declaration, By-laws and Rules.

We have provided a brief list of our Management Services at a standard Residential Condominium Building.

Building Maintenance & Repairs

  • Comprehensive property inspections performed monthly.
  • Supervise and liaise with all contractors and service providers to ensure quality workmanship.
  • Seasonal facility management.
  • Service contract evaluations.

Communication & People Management

  • Assistance with Community Events
  • Attendance at all Board of Director Meetings
  • Arrangement of Worker Education Programs
  • Provide the Board with 24/7 emergency contact response
  • Preparation of all announcements
  • Recruiting, training and education of condominium employees
  • Preparation of quarterly newsletters if requested
  • Issue welcome packages and resident handbooks to all residents and owners
  • Senior Staff Supervisory Support for On-Site Managers

Financial Analysis & Planning

  • Performance evaluation and of the financial standing of the condominium corporation
  • Preparation of the annual budget
  • Arrange for the corporation's Reserve Fund Study, with a qualified engineering firm selected by the Board of Directors. (Performed every 3 years in accordance with The Condominium Act, 1998)
  • Review and propose recommendations on energy savings and government rebate initiatives to reduce utility costs
  • Consult with financial planners specializing in condominium Reserve Funds
  • Negotiation of Preferred Bank Interest Rates

Accounting

  • Collection of monthly common element assessment fees
  • Financial Record-Keeping.
  • Cheque preparation (all cheques require signatures from the Board of Directors)
  • Daily Banking Services.
  • Electronic Funds Transfer (E.F.T.) Banking
  • Preparation of Monthly Financial Statements
  • Preparation of Status Certificates by request
CITY SITESCOMPETITION
Unaudited Financial Statements
Board Meeting Packages
Budget Preparation
Superintendent Payroll
Superintendent Benefits
Online Status Certificate Production
Preferred Bank rates
Interest on Operating Fund
Interest on Reserve Fund
Preferred Mortgage Rates to clients and condo owners
24/7 Emergency Response
Annual Management Plan with the Board of Directors
Community Software via Condo Communities
Pay Vendors Electronically via SparcPay
Vendor Management via Vendor PM