ADMINISTRATION.

ANYONE INTENDING TO ADMINISTER PROPERTY SUCCESSFULLY NEEDS TO HAVE LONG YEARS OF EXPERIENCE, AN IN-DEPTH KNOWLEDGE OF THE MARKET AND A STRONG REGIONAL PRESENCE.

A mandate to administer normally includes the following services:

  • Representing the interests of the owner
  • Communication with other owners in the same building
  • The management of accounts payable and receivables
  • The management and collection of payments on account
  • The drawing-up of annual cost accounts
  • The management of accounts, with balances and income statements
  • The drafting of budgets and cost estimates
  • Advice on investment and maintenance issues
  • The obtaining of quotations and the awarding of orders
  • Arranging for maintenance tasks such as mowing, snow clearance etc. to be carried out
  • The issuing of invitations to annual general meetings of owners
  • The chairing of neighbours’ association meetings
  • The keeping of minutes
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