What is the Role of a Condominium Manager?

Condominium Management Group and managers’ role

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)