What is a Management Company?
A management company is a company set up to manage and service the common areas of an apartment or townhouse development. Each owner automatically becomes a member of the management company upon purchasing their apartment or townhouse. The management company is overseen by a board of directors. The directors will be the property’s developers at the outset who are then replaced with residents once all of the units in the development have been sold. In the interim, a residents’ committee should be formed at an early stage to liaise with the directors, and the managing agent. What is a Managing Agent?
The directors of a management company will appoint a managing agent to deal with the day to day running of the management company. These agents ensure the smooth running of the complex by providing certain services. The managing agent works on behalf of the management company. People often think that the management agent and the management company are one and the same. However, they are separate entities and have separate functions. We are dedicated to delivering a professional and reliable service for apartment property management and mix use developments in Dublin.
Here are a list of just some of the services we offer your management company
- Preparing service charge and sinking fund budgets
- Managing all enquiries and correspondence from owners and residents
- Regular site inspections and checking of service personnel
- Dealing with caretakers and wages
- Book-keeping/Accounting services and liaising with auditors
- Attending Board meetings, Annual General Meetings and Extraordinary General Meetings
- Obtaining quotations for any maintenance work to be carried out
- Providing 24 Hour, 365 day emergency cover
- Providing company secretarial services Arranging insurance and dealing with claims/indemnity letters
- Managing projects, including renovations and upgrades
- Responding to sales requisitions & liaising with solicitors/owners
- Dealing with breaches of lease and house rules
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