Condominium Management

Condominium management is often very different from apartment management, rentals management or property management in general. Condominiums are sometimes managed directly by the community association board of directors, which is composed of owners of the individual condos. Frequently they will hire a management consultant or a management team along with such vendors as community association lawyers, insurance professionals, accountants and others to deal with the day-to-day tasks of management.

Condo management services may provide financial management including accounting, billing, budget reports and reinvestment advice; customer services such as emergency response, seminars and training, and association newsletters; and administrative duties such as property inspections, secretarial services, scheduling directors meetings and bidding projects.