Condominiums usually have a life cycle in relation to administrations that roughly follows this course: first, is administered by the Developer, and second, as they are more independent of the developer take one of two ways or hire an outside firm to accept the offer or administration of a condominium. The funny thing is that after this, as there are problems, they often take back one of these two roads, which had management company looking for a condominium and condominium owner who had a look for a foreign administration. After that, if problems persist, the Condominium may enter the most dangerous: the apathy and disinterest, which opens the door to governments seeking more personal gain than the condominium. Disorder, property appreciation and quality of life will be involved. After that, probably living in condo is almost impossible, and little by little, the owners decided to leave, either by selling or giving rent.
If a condominium is able to avoid this situation and manages to choose a good administration, may be the door for the growth of value, quality of life and certainly the order and return. Good choice
administration (either external or a condominium) is the first step to prevent the decay of the Condominium.
To choose a good management must observe the following:
1 .- You must have a Board or Committee can lead the process. That leadership should focus on overseeing the work of management and the Board or Committee must have political support and resources, whether financial or professional support, to carry the process forward. Without this work may result in demotivation.
2 .- When you value the administration should take care offers the temptation to do so quickly: there should be a minimum list must agree to abide under the contract (with financial penalties if not met), the deep details of the service, personal, hours, routines, functions. All in comparative terms. Viability must also be reasoned to the bidders to fulfill the promise of the price offered.
3 .- Once chosen the Administration to sign a contract as detailed and agreed, and the Administration for its management must meet certain minimum, which the Board or Committee should monitor closely: § Do not tolerate delinquency
beyond 90 days, after which they must raise their respective legal fees. §
not tolerate breaches of Regulation in a sharp, even if necessary by selecting the most obvious to implement the sanctions regime is that of regulation or lack of it, the rule of law, then you relax the rules, a Once you have established as an authority. §
not allow misinformation to what knowledge should total the validity of the Regulation, all agreements made, the plans adopted and the status of accounts, goods and services purchased and details of suppliers , whom the Board should meet personally to avoid fees, brokers or nominees ghosts of the administration.
§ Do not allow the condominium operating in deficit, as this may become a permanent excuse for mismanagement or worse, is the door for unscrupulous government, keep it in red, financed at high interest rates and convert the administration in a financial instrument on its behalf. §
disorder not allow legal issues, personality maintaining books and records of firms, policies and other contracts with suppliers (especially security) up to date.
Three months are enough to realize if an administration walks to meet these minimal or no.
is clear that to require this minimum, must have agreed the economic conditions that enable the Administration to use the resources and personnel needed to meet these minimums, and if the condominium does not provide these conditions, it can hardly get these minimums. Rather, it could be a situation in which it is the Condominium which take advantage of an administration with the will and desire to work with quality, but lacking the resources to do so.
4 .- If the administration has covered these minimum (counting the resources to do so), it's time to relax oversight, to that this Board or Committee to consider future plans and all that the Government and Direction of a condominium involves holding frequent meetings, but without neglecting the minimum. The Administration should not decide the future of a Condominium: you must manage their resources for this to be a tomorrow in which the plans agreed by the homeowners may be true.
5 .- After that will overcome the routine and fatigue where you can drop any service provider for more well-intentioned it is. The minimums should not be abandoned ever ... the rest will follow. Both parties are obliged to care that this minimum is always up.
6 .- If you meet these points a Condominium NEVER fall into anarchy and economic impairment and quality of life. As you can see is not so important if a foreign government or a condominium, if a large company, or one that is growing slightly.
Most importantly, as with any purchase, a consumer is to be inquisitive, informed and vigilant. When the administration is wrong, maybe the change should start at home.
If a condominium is able to avoid this situation and manages to choose a good administration, may be the door for the growth of value, quality of life and certainly the order and return. Good choice
administration (either external or a condominium) is the first step to prevent the decay of the Condominium.
To choose a good management must observe the following:
1 .- You must have a Board or Committee can lead the process. That leadership should focus on overseeing the work of management and the Board or Committee must have political support and resources, whether financial or professional support, to carry the process forward. Without this work may result in demotivation.
2 .- When you value the administration should take care offers the temptation to do so quickly: there should be a minimum list must agree to abide under the contract (with financial penalties if not met), the deep details of the service, personal, hours, routines, functions. All in comparative terms. Viability must also be reasoned to the bidders to fulfill the promise of the price offered.
3 .- Once chosen the Administration to sign a contract as detailed and agreed, and the Administration for its management must meet certain minimum, which the Board or Committee should monitor closely: § Do not tolerate delinquency
beyond 90 days, after which they must raise their respective legal fees. §
not tolerate breaches of Regulation in a sharp, even if necessary by selecting the most obvious to implement the sanctions regime is that of regulation or lack of it, the rule of law, then you relax the rules, a Once you have established as an authority. §
not allow misinformation to what knowledge should total the validity of the Regulation, all agreements made, the plans adopted and the status of accounts, goods and services purchased and details of suppliers , whom the Board should meet personally to avoid fees, brokers or nominees ghosts of the administration.
§ Do not allow the condominium operating in deficit, as this may become a permanent excuse for mismanagement or worse, is the door for unscrupulous government, keep it in red, financed at high interest rates and convert the administration in a financial instrument on its behalf. §
disorder not allow legal issues, personality maintaining books and records of firms, policies and other contracts with suppliers (especially security) up to date.
Three months are enough to realize if an administration walks to meet these minimal or no.
is clear that to require this minimum, must have agreed the economic conditions that enable the Administration to use the resources and personnel needed to meet these minimums, and if the condominium does not provide these conditions, it can hardly get these minimums. Rather, it could be a situation in which it is the Condominium which take advantage of an administration with the will and desire to work with quality, but lacking the resources to do so.
4 .- If the administration has covered these minimum (counting the resources to do so), it's time to relax oversight, to that this Board or Committee to consider future plans and all that the Government and Direction of a condominium involves holding frequent meetings, but without neglecting the minimum. The Administration should not decide the future of a Condominium: you must manage their resources for this to be a tomorrow in which the plans agreed by the homeowners may be true.
5 .- After that will overcome the routine and fatigue where you can drop any service provider for more well-intentioned it is. The minimums should not be abandoned ever ... the rest will follow. Both parties are obliged to care that this minimum is always up.
6 .- If you meet these points a Condominium NEVER fall into anarchy and economic impairment and quality of life. As you can see is not so important if a foreign government or a condominium, if a large company, or one that is growing slightly.
Most importantly, as with any purchase, a consumer is to be inquisitive, informed and vigilant. When the administration is wrong, maybe the change should start at home.
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