Condominium Management Services
We are pleased to offer a comprehensive range of basic management services at Lenyx Corp O/A Insight Condo Services, which include, but are not limited to, the following areas:
Financial Services
-
Better understanding of monthly contributions and special assessments
-
Arrange tracking of arrears
-
Assist with owners' issues
-
Recommendations for managing accounts payable
-
Assist in preparing the annual operating budget
-
Document management
-
Understanding the importance of good accounting records
-
Assist the board with financial statements and reports
-
Understanding how to invest reserve fund money
-
Support for investment planning decisions
Administrative Services
-
Understanding the Bylaws, Rules & Regulations, and Condo Act
-
Assist boards with bylaw enforcement and policy setup
-
Negotiating and administering contracts
-
Assisting owners with requests and concerns
-
Support for board members in decision-making
-
Assist in preparing the Reserve Fund Study and Plan
-
Understanding estoppel certificates and condo sale documents
-
Organizing regular and emergency communications
-
Preparing and following up on insurance claims
-
Support with insurance, property appraisals, and renewals
Maintenance Services
-
Orientation on routine property inspections
-
Ensuring property grounds are well-maintained and safe
-
Preparing monthly and annual maintenance plans
-
Reviewing and administering trade contracts
-
Advising on performance monitoring of trades and vendors
-
Guidance on obtaining bids, estimates, and quotes
-
Organizing contractor quotes and invoices
-
Arranging required building inspections
-
Establishing a contractor database
-
Importance of maintaining a regular repair and maintenance schedule
We offer on-site one hour complimentary consultation to Boards of Directors.