Finances
Condovision offers a complete management formula, including accounting and record keeping, organizing union meetings and board meetings, condominium maintenance (compliance assurance) co-ownership, repair and general maintenance of assets, regular inspection of physical premises, management of contracts and maintenance work, etc.). Here is an overview of the benefits included in a management agreement.
Do not hesitate to contact us to receive a detailed offer and/or to tell us about your particular needs. We will probably succeed in integrating them into our services.
- Perception of common charges (condo fees).
- Preparation of checks and payment of suppliers.
- Bookkeeping and production of monthly financial statements (or according to the schedule established by the Board).
- Preparation of the annual budget and monitoring of the income/expenditure balance. Ensure the relevance of the estimated budget and report to the Board any deviation from the actual budget.
- Application of outstanding accounts receivable collection procedures (registered letters, formal notices, legal hypothecs, etc.) according to a policy approved by the CA.
- Collaborate with the auditor and provide him with any documents deemed necessary for the preparation of audited financial statements.
- Development of strategies to reduce expenses, while improving the quality of life of co-owners.
