Condominiums

Trust Our Team to Manage Your Condominium

Condominiums

Condominium Management

Our skilled property managers aspire to provide the board of directors and owners peace of mind service, whether it is a condominium, high-rise, townhouse, or commercial. This entails that daily tasks are managed efficiently in accordance with our policies and procedures.

  • Client Services and Communication
  • Building Operations and Preventative Maintenance
  • Procurement and Contractor Management
  • Security
  • Landscaping, Snow Removal, etc.

Property Accounting and Financial Management:

  • Receive and Deposit CEA Fees
  • Apply Penalties and Late Fees
  • Maintain All Records for Audit
  • Client Services and Communication
  • Building Operations and Preventative Maintenance
  • Procurement and Contractor Management
  • Security
  • Landscaping, Snow Removal, etc.

Property Accounting and Financial Management:

  • Receive and Deposit CEA Fees
  • Apply Penalties and Late Fees
  • Maintain All Records for Audit

Present Monthly Reports to Board of Directors:

  • Balance Sheet
  • Profit and Loss Statement
  • Account Payable Statement
  • Aged Receivables Statement
  • Income Statement With Comparison to Budget
  • Reconciled Bank Statements
  • Investment Statements
  • Detail of All Checks Written
  • Meet With Board Monthly
  • Prepare Draft Budget and Present to Board
  • Prepare Agenda and Management Report
  • Provide Monthly Financial Statements
  • Prepare Status Certificate
  • Charge Late Fee Penalties
  • File Liens When Required

Regulatory Information

20/20 Property Management provides a high level of specialized services for condo boards. First and foremost, condominium corporations require in-depth knowledge about the laws and bylaws that apply to the region. We are members of the Condominium Management Regulatory Authority of Ontario (CMRAO), Better Business Bureau (BBB), Association of Condominium Managers of Ontario (ACMO) and the Canadian Condominium Institute (CCI).

Solid Communications

Our managers communicate effectively and in a timely manner with boards, unit owners, and all levels of relevant parties connected to the condo community regarding any management issues.

We are hands-on managers. Our experience and knowledge in this highly specialized area mean condo boards can be assured that their property and corporate business is managed effectively.

The Plan

We create a customized plan and then implement and manage it. Plans include every aspect of management including board meeting attendance, handling of minutes, addressing corporate issues, preparing and providing monthly operating statements, communicating with condo owners and developers, awarding and reviewing service contracts, and much more.