Condominium management services involve overseeing the operations, maintenance, and administration of condominium properties. Here are the key services typically provided by condominium management companies: # Financial Management: https://patch-cms.ca/ Budgeting: Preparing and managing the annual budget for the condominium association. Accounting: Handling all financial transactions, including accounts payable and receivable. Reserve Funds: Managing reserve funds for future repairs and replacements. Financial Reporting: Providing regular financial statements and reports to the condominium board and residents. Assessment Collection: Collecting monthly or quarterly condominium fees from unit owners. # Administrative Services: Record Keeping: Maintaining records of meetings, contracts, and important documents. Compliance: Ensuring compliance with local, state, and federal regulations. Insurance: Managing the property’s insurance policies and claims. Meetings: Coordinating and attending board meetings, annual meetings, and special meetings. Communication: Facilitating communication between the board, owners, and residents through newsletters, emails, and announcements. # Maintenance and Repairs: Routine Maintenance: Overseeing regular maintenance tasks such as landscaping, cleaning, and general upkeep. Emergency Repairs: Coordinating immediate repairs in case of emergencies (e.g., plumbing issues, roof leaks). Contractor Management: Hiring and supervising contractors for larger projects or specialized maintenance tasks. Inspections: Conducting regular inspections of common areas and building systems. # Resident Services: Customer Service: Providing a point of contact for residents to address concerns, complaints, and requests. Community Events: Organizing social events and activities to foster community spirit. Amenities Management: Managing shared amenities like pools, gyms, and recreational facilities. # Legal and Regulatory Assistance: Bylaws Enforcement: Enforcing the condominium bylaws, rules, and regulations.