The condominium is a space shared by several owners, so management needs to be done efficiently for everyone involved. In general, it is the property manager who fulfills this role.
The main function is to organize 100% of condominium management, from tasks involving tax obligations to communication with residents.
As you can see, he is an extremely important professional, and many people do not understand the extent of all the work carried out..
- What is the role of the liquidator?
As previously stated, he is primarily responsible for condominium management. He is assigned several functions that involve tax tasks and obligations.
The manager is chosen by the general assembly of the condominium, in accordance with the rules of the condominium agreement. His term of office and remuneration are also defined at this time.
The position as condominium manager has to defend the interests of residents and maintain the order of flow and spaces in the building as a whole.
- What are the powers of the trustee?
The property manager can count on the support of a sub-manager, in addition to fiscal and advisory councils, depending on what is provided for in the internal regulations and the condominium agreement..
Check the trustee's obligations below:
Convene ordinary and extraordinary condominium assemblies.
Represent the condominium formally and defend common interests.
Inform the condominium assembly of the judicial and administrative processes.
Comply with and ensure that residents comply with the internal regulations
Demand the holding of the condominium convention and determinations of the assembly.
Manage the condominium’s building maintenance.
Coordinate the services contracted for the condominium, such as security services, concierge, cleaning, among others.
Format the condominium’s annual budget.
Collect contributions from condominium owners, such as condominium fees.
Represent accounts to the condominium assembly, or when requested.
Keep the building’s mandatory insurance up to date.
- What would be the difference between a professional and resident property manager??
The resident property manager is the person who lives in the condominium and who assumes management responsibilities, but does not necessarily have knowledge about the property manager's career as a profession.
Now the professional property manager works in this area as a profession. The professional property manager would have to study in depth the tasks related to the administration of condominiums, which may involve knowledge of legislation and accounting.
Another point is that the professional property manager can work in several condominiums at the same time. In both cases, those responsible for the condominium can hire a system or application to help with condominium management to facilitate day-to-day work.
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