Many condo owners face dilemma about managing their condo without a condominium manager. In Alberta, Parterre Property Services Inc. was mainly formed by partners who recognized a very real need to bring a breath of fresh air to the Alberta condominium management marketplace.
While not having a professional condominium manager can save the owners on fees, offer greater control and closer community involvement, it also comes with its own set of challenges. Indeed, managing a condominium community is no small task. Professional condominium property management at Parterre Property Services Inc.is here to help you reach a decision.
Before making a decision, it is recommended that you explore how condos can operate without a property manager, look into their benefits and drawbacks, and decide when it might be time to bring in professional condominium property management.
Key tasks of condominium manager at Parterre Property Services Inc. include:
Financial Management - Managing the condo's budget, collecting fees, maintaining the reserve fund, and overseeing all financial records.
Maintenance and Repairs - Scheduling timely repairs, getting quotes, hiring contractors, and ensuring the property is well-maintained.
Legal Compliance - Ensuring the condo complies with the Alberta Law of Property Act and all other legislation as well as enforcing rules and regulations, and handling disputes. The team at Parterre Property has extensive knowledge of the province’s legal framework, influencing the dynamics of property ownership, transactions, and rights, thus, professionals with their multifaceted legal acumen guide individuals, businesses, and legal entities through the intricate terrain of condominium property law.
Communication - Keeping residents informed about community issues and updates and addressing their concerns or complaints.
Asset management - Team coordinates property management, vendor management, building systems management, construction deficiencies and capital projects.
Asset Preservation – Property management, vendor management, building systems management, construction flaws, and capital projects are all coordinated by the asset management team.
Information Systems - By teaming with Yardi, company Parterre has created a streamlined process that delivers accurate, timely results.
Human Resource - provides a range of services, including Payroll Services, Benefits Administration, Recruiting and Hiring, Employee Screening and Background Checks and Training.
As you recognize the benefits of professional condominium management it is time to partner with Parterre Property Services Inc. all set to bring a high level of skill and expertise to the condominium management industry.
About Parterre Property Services Inc.:
Parterre Property Services Inc. was formed by partners who recognized a very real need to bring a breath of fresh air to the Alberta condominium management marketplace. The partners bring over 75 years of combined property management experience and business acumen as the basis of the organization’s intellectual capital.