22 August 2011 ~ 0 Comments

Owners Engaging Condo Management Agent on the Rise

condo-1 (2)For some association of condo management service agents in Singapore, theaccountant does not respect the legislation, calculates the expenses using hisbeginner knowledge, resulting in some useless expenses for the owners.Moreover, the accountants must measure the common spaces correctly, so theywould know how much money each family must pay. The president or chairman of the condo management Singapore team must find a solution to resolve the complaints of the owners. The person chosenby the council to be the chairman of the condo council comprised by owners to take care of their interest does not have the basicknowledge needed, and he doesn’t consider the wishes of the members while he isrunning the current tasks. The most important attributions of an property management agent are runningthe current daily tasks of upkeeping the condominium real estate propeperty,  justifyingthe money and deciding the destination of the extra funds,  issuingwritten disposition to the service providers, paying the bills and invoices, signingthe legal acts issued by the association and approvingthe expenses for repairs and current tasks. The association president couldreceive a salary for running those tasks. On the other hand, if you arechoosing the services of a specialized company, it would cost you some moremoney, but a company of this kind will be able to save money with the bills andinvoices. Usually, a condominium management company has written contracts with a series of serviceproviders, and those service providers will always be at the disposal of the real estate owners. This is why youwill never wait more than 20 minutes for the elevator to be repaired, thestairways are always clean, and the improvement works are made fast andefficient.

 

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