Condominium Management

Options

Our clients know they can lean on our experience in Condominium business and common property operations, bylaw maintenance, and project management strategies.

Choose the level of services that best suits your community needs.

Full Management Options

Management and Consulting Services

  • Full-Time Property Management

  • AGM and Board Meeting Attendance

  • Condo Document Storage

  • Bookkeeping

  • Utility Audit

  • Financial Record Storage

  • Vendor Statement Reconciliation

  • Reserve Fund Study Review

  • Assistance with Reserve Fund Cash Flow Plan

  • Assistance with Annual Reserve Fund Budget Review

  • Engineering Report Review

  • Assistance with Request for Quotations

  • Sub Contractor Vetting

  • Sub Contractor Contract Preparation

  • Contractor Scheduling

  • Project Consultation

  • Project Management

  • Annual Bylaw Audit

  • Bylaw Revision Drafting

  • 24/7 Emergency Line

  • Vendor Payments

  • Building Notices/Communication



Self Managed Assistance Options

Consulting Services

  • Bookkeeping

  • Reserve Fund Cash Flow Plan

  • Contractor Vetting

  • Sub Contractor Agreements

  • Contractor Workmanship Audit

  • Project Management

  • Condominium Document Storage

  • Condominium Bylaw Consultation and Draft Preparation

  • Operating Expense Review and Consultation

  • Building Notices/Communication

  • 24/7 Emergency Line

 

We are different, because we set the bar higher than what is expected of us. Condo stakeholders expect competent property management, and we are committed to exceeding expectation.

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Visionary Management Solutions

What you can expect from us is, leadership, if you want it, or expert consultation when you need it. What you get is proper care and skill and qualified performance of our duties, pragmatic transparency in communication, and unwavering respect.

Our condo property management style is one of balance and respect for the various interest groups, board of directors, corporation and common property maintenance. We promote common property and the collective financial viability of the corporation, for unit owners.

Data confirms that interest groups influence construction, management, maintenance and reserve fund contribution decisions. Interest groups in condominiums can be made up of a percentage of Investors/landlords, owners on a fixed income, first time buyers with high ratio mortgages, owner occupants with high standards, owner occupants with low standards, etc. The intention of one interest group can and does present risk to other interest groups. For example, developers invest in the construction of condos to make profit. When a developer denies responsibility for construction deficiencies this results in risk for new condo buyers. Disproportionate owner occupancy and investors/landlords can lead to inadequate operating and reserve funding, imbalance in reserve funding, and deferred maintenance. This scenario may at some point result in a need for special assessments. What ever the make up of interest group ownership, they are all share holders in the corporation. Condo Management requires balancing the needs of these interest groups with the needs of the corporation. Over time, the condominium community interest group ownership ratios will ebb an flow.

At CMS we adapt our management strategy in a manner that balances the interest groups, for the benefit of the corporation and it’s common property.

 Condo Management Solutions Inc. is a member in good standing with CCI Northern Alberta.