What is the Role of a Condominium Manager?

Each property we manage has its own needs and faces its own unique challenges depending on the size, age and nature of the property. A condo manager’s range of responsibilities may include but are not limited to:

• collecting common expense fees
• keeping records for the condo corporation
• responding to owner complaints
• ensuring maintenance and repair of the property
• hiring and monitoring service companies, and overseeing staff and contractors
• preparing draft annual budgets and overseeing the reserve fund
• implementing an emergency management plan and responding to emergencies
• preparing status certificates
• issuing meeting notices and reporting on the affairs of the corporation
• organizing board meetings and overseeing administration of all owners’ meetings
• monitoring the corporation’s insurance
• preparing financial reports and arranging for audits
• advising the condo board on how to comply with the Condominium Act, 1998, and with legislated or government-mandatory repairs
• advising the board on its financial responsibilities (e.g. contributions to the reserve fund, long-term reserve fund planning)