| Administration |
 |
Provides monthly written Managing Agent and Property Inspection Reports |
 |
Prepares notices, mailings, and coordinates Annual General Meetings |
 |
Attends all Board meetings as required, takes and distributes minutes from the meeting |
 |
Assists with proper procedures at meetings |
 |
Attends to queries and complaints by tenants and owners |
 |
Maintains storage, parking and key registers |
 |
Provides payroll and Workers Compensation filings |
 |
Obtains maintenance quotes as required |
 |
Reviews insurance requirements and obtain quotations |
 |
Informs all Board members of the latest developments on legal and industry issues
|
Operational
|
 |
Available on 24 hours emergency service |
 |
Supervision of all repairs |
 |
Ensures on-going training and evaluation of property manager |
 |
Provides regular site inspections |
 |
Enforces bylaw infractions |
 |
Hires, trains and supervises property managers |
 |
Arranges and schedules work |
 |
Schedules preventative maintenance |
 |
Negotiates contracts |
 |
Inspects work by contractors
|
Financial and Accounting
|
 |
Receives, records and deposits monthly maintenance fees |
 |
Arranges for automatic prepayment plan for condominium fees |
 |
Uses zero-based budgeting techniques to prepare Budgets and Replacement Reserve Schedules |
 |
Prepares full-accrual basis financial statements with detailed schedules and explanations |
 |
Distributes financial statements to owners |
 |
Distributes budget to owners prior to next fiscal year |
 |
Reviews and pay invoices on a timely basis |
 |
Maintains a registry of owners and tenants |
 |
Arranges for property value appraisals and insurance coverage
|
 |
Provides Year-End Financial Statements |