Monthly Archives: June 2016

Common Condo Management Issues

 

Condo management can be a difficult job. It involves negotiating the needs of property owners, making sure all the communal areas are clean, collecting condo association fees, and keeping track of finances. The condo management team is responsible for dealing with the overall maintenance of the condo building as well as any day-to-day issues that may arise. Here are some of the most common problems that a condo management team will encounter.

Neighbour Disputes

Most condo owners have a strong neighbourly relationship with the other people who live in their building. However, living in close proximity to other people means that there is a chance that conflicts between neighbours may arise. If you have an issue with another condo resident, your property manager can help. If you’re experiencing issues with a noisy neighbour, for instance, your property manager will be able to sort out any dispute to find a resolution that is fair for everyone. It’s important that every condo resident be respectful to the other occupants, who may include families or people with hectic work schedules. A property manager will be able to mediate any conflict so everyone in the condo can live comfortably.

Common Area Issues

The property manager is also responsible for the upkeep on the condo’s communal areas, which includes the lobby, elevator, parking garage, and any courtyards, gyms or event spaces in the building. The common areas can become littered with garbage if residents aren’t properly disposing of their trash. Property managers ensure that residents are putting their garbage in the designated area and not throwing debris like cigarette butts over the sides of their balconies. If there’s an issue with the cleanliness in the communal spaces of your condo, contact your property manager to have the issue dealt with fast and effectively.

Managing a condo is no easy task. If you or your condo association is having trouble juggling all the responsibilities of property management, contact us at T.R.A.M.S Property Management and we’ll help get your building operating smoothly.

What Makes a Good Condo Association?

If you’ve recently purchased a condo, chances are you have been asked to join a condo association. What is a condo association exactly, and what makes it run smoothly? A condo association is a governing body that makes decisions about the operation of a condominium building. All condominium owners within a building are members of that building’s condo association.

CC&Rs

The main role of a condo association is to make sure that all of its members are complying with the contractual obligations they agreed to follow when they bought their condo. These contractual obligations are known as covenants, conditions and restrictions (CC&Rs).

CC&Rs can include regulations about things such as pet ownership, parking spaces, and how the communal space of the building is to be treated. Local policies and bylaws dictate what kinds of things can be included in the CC&Rs.

Property Management

Condo associations are also responsible for the physical and financial upkeep of a property, including:

  • Rent and condo fee collection.
  • Hiring and maintaining employees for grounds keeping and janitorial work.
  • Dealing with electrical and plumbing issues.

How T.R.A.M.S Can Help

Juggling all of these issues at once can be overwhelming. That’s why many condo associations opt to delegate these tasks to a property manager, who can oversee the day-to-day maintenance of the building, as well as manage financial and logistical issues.

As an experienced property manager should, we will maintain a close relationship with the board of directors of a condo association. This open line of communication is the key to smooth and successful property management.

If your condo association is looking to work with a property manager, contact us at T.R.A.M.S Property Management. We have a team of experienced, highly trained professionals who can take care of all the practical details of property ownership so you can focus on what’s important to you.