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Learn about your condominium management
A professional association with multiple skills – it’s your assurance..
Legal services
- It provides, day to day management of your condominium.
- It monitors compliance with the rules of the condominium and can serve as a mediator in disputes between individual owners of apartments..
- It disputes the maintenance record for the condominium.
- It convenes and chairs the general meetings, taking into account current legislation.
- It carries out the decisions taken at the general meetings.
- It writes up official records..
- It assumes responsibility for all acts performed.
Technical Services
- It will engage essential personnel for the maintenance of the building, (caretaker, cleaning staff, gardener …).
- It monitorsmaintenance of communal space..
- It will take out necessary insurance policies for the building.
- It will suggest to the co-owners the best way to conserve the value and maintenance of their property..
- It will advise on choice of tradesmen and companies and organise estimates.
- It will negotiate contracts in the best interests of the co-owners.
- It will monitor the progress of works decided on by the general meeting.
Financial Services
- It will calculate a provisional, yearly budget to cover the current expenses of the property and submit it to the vote of the general meeting.
- It provides financial management and keeps accounts for the co-owners of the property.
- It pays the bills and cover the expenses on behalf of the co-owners.
Don’t merely accept the decisions of the general management committee, participate!
The annual general meeting is convened once every year. It is the true government of the condominium.
It is where all the important decisions are taken concerning the condominium.
It is important to know that the trustees are chosen at this meeting who will hold office for a maximum of 3 years, (renewable).
A contract will determine the tasks and remuneration of the trustees who may not make extra charges other than those stated in the contract.