• Krulich
  • Krulich
  • Krulich
  • Krulich

Management of Condominium Owners’ Associations

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Administrative and Accounting Services:

  • Represent the association with respect to third parties
  • Support leasing and marketing activities
  • Preparation of association’s settlement for the entire association and for each individual owner as well as preparation of an annual budget for the association and for each unit owner.
  • Opening up of a bank account for the association in order to settle accounts , diligent review of all association bills before payment, monthly accounting taking into account the specific laws and rules of the condominium owners’ association
  • Administration of association fees and of the maintenance reserve account
  • Analysis of recoverable and non-recoverable costs and as a result determinating cost-optimization potentials
  • Monitoring, managing and guiding contracted service providers

Technical Property Management of Association:

  • Maintenance inspections of all common areas on a regular basis.
  • Organize association owners’ meetings
  • Provide extensive consultation for the owners regarding necessary repairs, replacements and maintenance works and coordination of technical measures
  • Pursue warranty claims
  • Propose and provide decision-making documents for capital expenditure and refurbishment measures
  • Propose measures that preserve or increase the property’s value

We will gladly send you a property management proposal free of charge and without any obligation.